Arizona Gold & Silver Core Hole PC25-158 Intersects 60.37 Metres at 4.36 gpt Gold and 6.38 gpt Silver, Including 4.33 Metres at 19.37 gpt Gold and 19.36 gpt Silver on the Philadelphia Project, Arizona

(TheNewswire)

Vancouver, BritishColumbia – TheNewswire - January 06, 2026– Arizona Gold & SilverInc.?(TSXV: AZS) (OTCQB: AZASF) is pleased to announce it has received assays from thelatest core hole, PC25-158 on the Philadelphia project in Arizona. This hole extends the wide zone of high-grade gold mineralization inthe Perry Discovery 110 metres (“m”) north from hole PC25-156. Drilling is continuing with PC25-159 stepping out a further 60m tothe north.

Highlights of CoreHole PC25-158

• Hole located 60m northof the thick stockwork zone in hole PC25 -157 (reported December 8,2025) and 110m north of a high-grade intercept in PC25-156 (reportedSept. 17, 2025). 

• 4.33m at 19.37 gramsper tonne (gpt) Au and 19.36 gpt Ag (TW 2.60m) from 290.09m downhole 

• 24.21m at 6.28 gpt Auand 7.18 gpt Ag (TW 14.53m) from 285.85m downhole 

• Total zone 60.37m at4.36 gpt Au and 6.38 gpt Ag (TW 36.22m) from 279.21mdownhole 

Greg Hahn V.P. Explorationcomments:” The Perry discovery continues to be well mineralized and extendsa further 60m north from the last reported hole.  Vein texturescontinue to indicate we are still only at the top of the boiling zoneof this impressive system. It is my objective to continue to push outthe Perry strike length both to the north and south to demonstrate thescale of the mineralized structure. We know the host structure(generally known as the Arabian Fault) extends for +3 kilometres. Weneed to determine how much of that structure, which lies entirelywithin Arizona Gold & Silver property, is well mineralized. Thepotential scale of this discovery both along strike and to depth isvery significant. I look forward to seeing the intercept in holePC25-159, currently in progress.”  

Core HolePC25-158

Core hole PC25-158 was collared at a 024degrees azimuth and -70 degrees inclination. It intersected stockworkquartz+calcite mineralization in andesite and conglomerate above thefootwall granite.  Mineralization starts at 279.21m in andesite andcontinues into conglomerate at 322.37m before encountering the HangingWall (HW) vein itself at 333.54m. The high-grade interval occurs atthe top of the mineralized structure, as encountered in hole PC25-157.It is associated with higher densities of quartz+bladed calcite veins. The shift of the high-grade intercepts into the hanging wall of thestructure is similar to previous drill holes higher in the plane ofthe mineralized structure. The structure has always shown hanging walland footwall veins defining the mineralized zone or corridor, thegrade of those veins is what appears to vary. What is very consistentis the position and predictability of the total mineralized corridor(structure). The calcite demonstrates abundant bladed texturescommonly replaced by predominantly green and yellow quartz. Thissuggests we are at the top of the productive (higher grade) boilingzone. The entire mineralized interval is summarized in the tablebelow. See accompanying section.

Grades have increased from PC25-157 toPC25-158 indicating a vector of increasing potential towards ourcurrent hole PC25-159, located 60m further northward. That hole isapproaching the target.  Importantly, silver:gold ratios are ~1:1 inthe high-grade zone and slightly higher than 1:1 in the surroundingstockwork zone.  Low silver to gold ratios such as this are anindication that we are in, or near the upwelling or “feeder” zonewhich fed the vein system.  Importantly, sulfur (S) remains extremelylow throughout the intercept averaging less than or equal to 0.01% S,indicating there is little to no sulfide in the entire mineralizedinterval. Also, trace metals are very low in both the wall rock andthe mineralized zone.

Summary Assay Resultsfor Core Hole PC25-158

True thickness of the above interceptsis estimated at 60% of drilled thickness.  

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Mike Stark, President and Chief Executive Officer,commented: “The Philadelphia project’s deep high grade mineralizedzone continues to expand along strike, following the results fromhole -156. We expect to provide an update on hole -159 next week, asdrilling approaches the target zone.  The Company remains in astrong financial position, with all outstanding warrants and optionscurrently well in the money. Funds are being deposited steadily fromthe exercise of warrants.”

Core HolePC25-159

Core hole PC25-159 is targeted tointersect the Perry zone 60m north of the intercept in PC25-158 and170m north of the high-grade intercept in PC25-156.  PC25-159 isapproaching the target and is currently at 289.94m.

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 the2026 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's2026 drilling program(s) on its properties, will not be consistentwith the Company's expectations; the geology, grade and continuity of anymineral deposits and the risk of unexpected variations in mineralresources, grade and/or recovery rates; fluctuating metals prices;possibility of accidents, equipment breakdowns and delays duringexploration; exploration cost overruns or unanticipated costs andexpenses; uncertainties involved in the interpretation of drillingresults and geological tests; availability of capital and financingrequired to continue the Company's future exploration programsand preparation of geological reports and studies; delays in thepreparation of geological reports and studies; the metallurgicalcharacteristics of mineralization contained within the explorationproperties are yet to be fully determined; general economic, market orbusiness conditions; competition and loss of key employees; regulatorychanges and restrictions including in relation to required permits forexploration activities (including drilling permits) and environmentalliability; timeliness of government or regulatory approvals; and otherrisks detailed herein and from time to time in the filings made by theCompany with securities regulators. In connection with theforward-looking information contained in this news release, theCompany has made numerous assumptions, including that theCompany's 2026 programs would proceed as planned and withinbudget. The Company expressly disclaims any intention or obligation toupdate or revise any forward-looking statements whether as a result ofnew information, future events or otherwise, except as otherwiserequired by applicable securities legislation. 

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