Arizona Gold & Silver Drills Multiple Higher Grade Gold Intervals within Significantly Wider Mineralized Structure - 76.5 Metres at 2.36 gpt Gold and 16.24 gpt Silver Beginning at 265.8 Metres on the Philadelphia Project, Arizona

(TheNewswire)

Vancouver, BritishColumbia – TheNewswire - December 08, 2025– Arizona Gold & Silver Inc. (TSXV: AZS) ( OTCQB:AZASF ) is pleased to announce it has receivedassays from the latest core hole, PC25-157.  In this drill hole themineralized structure is wider due to the presence of gold inadditional host rocks. Drilling is continuing with PC25-158 inprogress.

Highlights of CoreHole PC25-157

• Hole located 50 metres(“m”) north of high-grade intercept in PC25-156 (reported Sept.17, 2025).

• 6.28m at 7.02gpt from278.18m downhole

• 1.52m at 13.8 gpt from284.54m downhole

• 3.35m at 8.32 gpt from335.98m downhole

• All within 76.5m at2.36 gpt from 265.85m downhole

• Multiple rock typesnow mineralized

Greg Hahn V.P. Exploration comments: ”ThePerry vein was again intersected as we predicted.  Significantly,stockwork quartz-calcite veining in the hanging wall of the vein(primarily in andesite), carries appreciable amounts of gold andsilver not encountered in previous holes. The thick interval ofveining continues in hole PC25-158, recently completed. Thisdeveloping stockwork zone is changing our interpretation of the natureof mineralization along the mineralized corridor. It definitely adds apotentially bulk-mineable component to the deposit as it swells inthickness. I look forward to the results forPC25-158.”

Core HolePC25-157

Core hole PC25-157 was collared at a24-degree azimuth and -80 degree inclination and intersected stockworkquartz+calcite mineralization in andesite, rhyolite, and conglomerateimmediately above the Perry vein.  Mineralization starts at 265.85min andesite and continues into rhyolite at 284.54m and conglomerate at299.76m before encountering the Perry Vein itself at 313.69m. Highgrade intervals are associated with higher densities of quartz+calciteveins.  The calcite demonstrates abundant bladed textures commonlyreplaced by predominantly green and yellow quartz. The nearestprevious drill holes to this section of holes intersected themineralized zone roughly 200m to the west.  Mineralization in thosedrill holes is in granite instead of andesite. See the accompanying 24degree azimuth section that includes holes PC25-156, PC25-157, andPC25-158. The entire interval from 265.85m to 342.38m is summarized inthe table below.

Summary Assay Resultsfor Core Hole PC25-157

True thickness of the above interceptsis estimated at 63% of drilled thickness.

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Core HolePC25-158

Core hole PC25-158 is targeted tointersect the Perry Vein 60m north of the intercept in PC25-157 and110m north of the high-grade intercept in PC25-156.  PC25-158encountered abundant stockwork quartz+calcite veining in andesite.Visually the zones containing quartz+calcite veins are thicker thanthe higher grade intervals in hole PC25-157. Conglomerate is alsovisually mineralized before encountering the Perry Vein. The holepenetrated the Perry Vein 335.5m-339.9m and entered a barren andesitedike. PC25-158 was terminated in barren andesite at 374.08 metres. Thenext hole (PC25-159) will test the target another 60m north alongstrike of hole PC25-158.

QA/QCProtocols

The HQ core is delivered in its entiretyto Skyline Labs in Tucson, Arizona where it is sawed in half basedupon sample intervals designated by the project geologist. Half of thecore is crushed, pulverized and analyzed by fire assay with an A.A.finish for gold.  A four-acid digestion and ICP analysis is used forsilver and trace metal determinations. Any values greater than 5 gptgold are re-run by fire assay with a gravimetric finish.  Theremaining core half is preserved for further studies.  Coarse rejectsfrom crushing will be saved for metallic screen analyses, ifwarranted, and future metallurgical testing.

QualifiedPerson

Gregory Hahn, VP-Exploration and aCertified Professional Geologist (#7122) is a Qualified Person underNational Instrument 43-101 ("NI 43-101") and has reviewedand approved the technical information contained in this newsrelease.

About Arizona Gold& Silver Inc.

Arizona Gold & Silver Inc. is aleading exploration company focused on uncovering precious metalresources in Arizona and Nevada. With a commitment to sustainablepractices and innovative exploration techniques, the company aims todrive value for stakeholders while prioritizing environmentalstewardship. The flagshipasset is the Philadelphia gold-silver property where the Company isdrilling off an epithermal gold-silver system ahead of an initialresource calculation.

On behalf of the Board ofDirectors:

ARIZONA GOLD &SILVER INC.

Mike Stark, Presidentand CEO, Director

Phone: (604) 833-4278

Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease.

CAUTION CONCERNINGFORWARD-LOOKING STATEMENTS

This news release includes certainforward-looking statements or information. All statements other thanstatements of historical fact included in this release areforward-looking statements that involve various risks anduncertainties. Forward-looking statements in this news release includestatements in relation to the timing, cost and other aspects of the2025 exploration program; the potential for development of the mineralresources; the potential mineralization and geological merits of theexploration properties; and other future plans, objectives orexpectations of the Company. There can be no assurance that suchstatements will prove to be accurate and actual results and futureevents could differ materially from those anticipated in suchstatements. Important factors that could cause actual results todiffer materially from the Company's plans or expectationsinclude the risk that actual results of current and plannedexploration activities, including the results of the Company's2025 drilling program(s) on its properties, will not be consistentwith the Company's expectations; the geology, grade andcontinuity of any mineral deposits and the risk of unexpectedvariations in mineral resources, grade and/or recovery rates;fluctuating metals prices; possibility of accidents, equipmentbreakdowns and delays during exploration; exploration cost overruns orunanticipated costs and expenses; uncertainties involved in theinterpretation of drilling results and geological tests; availabilityof capital and financing required to continue the Company'sfuture exploration programs and preparation of geological reports andstudies; delays in the preparation of geological reports and studies;the metallurgical characteristics of mineralization contained withinthe exploration properties are yet to be fully determined; generaleconomic, market or business conditions; competition and loss of keyemployees; regulatory changes and restrictions including in relationto required permits for exploration activities (including drillingpermits) and environmental liability; timeliness of government orregulatory approvals; and other risks detailed herein and from time totime in the filings made by the Company with securities regulators. Inconnection with the forward-looking information contained in this newsrelease, the Company has made numerous assumptions, including that theCompany's 2025 programs would proceed as planned and within budget. The Companyexpressly disclaims any intention or obligation to update or reviseany forward-looking statements whether as a result of new information,future events or otherwise, except as otherwise required by applicablesecurities legislation.

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