Arizona Mining Reports Further Drilling Results at Hermosa-Taylor; Includes 16 Foot Interval Assaying 10.7% Zinc; 42.9% Lead and 29.6 OPT Silver Within Broader 62 Foot Mineralized Zone

Arizona Mining (TSX:AZ) has released the results of seven exploration drill holes from its current program on the Taylor zinc-lead-silver sulphide deposit located on its 100-per-cent-owned Hermosa project in Santa Cruz county, Arizona. This brings the total number of drill holes reported in the 2016-2017 program to fifty-three (53).
HDS-397 is a near vertical hole (-88 degrees) drilled to infill an area in the northwest of the previously reported resource area. HDS-397 intersected two (2) mineralized veins in the volcanics and eight (8) distinct mineralized CRD horizons with a total cumulative mineralized thickness of 453.5 feet. Several mineralized zones were intersected in the drill hole including:
62 feet assaying 6.5% zinc, 15.1% lead and 9.4 ounces per ton (“opt”) silver
– Including a 16 foot zone which assayed 10.7% zinc, 42.9% lead and 29.6 opt silver 222 feet assaying 5.9% zinc, 4.9% lead and 1.4 opt. silver
– Including a 107 foot zone which assayed 9.8% zinc, 8.0% lead and 2.3 opt silver
HDS-398 is a vertical drill hole located on the northeast margin of the previously reported mineral resource. The drill hole encountered ten (10) distinct CRD mineralized horizons with a cumulative thickness of 222.5 feet. Most notable among the mineralized horizons includes:
38.5 feet assaying 9.2% zinc, 5.4% lead and 3.9 opt. silver 51 feet assaying 8.9% zinc, 9.3% lead and 4.5 opt. silver
– Including a 17.5 foot zone which assayed 19.7% zinc, 22.4% lead and 11.4 opt silver 50 feet assaying 2.4% zinc, 5.5% lead and 2.0 opt. silver
– Including a 23.5 foot zone which assayed 4.4% zinc, 9.81% lead and 3.6 opt silver
HDS-400 is a vertical infill drill hole that intersected eight (8) CRD horizons with a cumulative thickness of 144.5 feet. The best interval in the drill hole was:
40.5 feet assaying 3.8% zinc, 4.2% lead and 1.7 opt silver
– Including a 9.5 foot zone which assayed 10.8% zinc, 11.3% lead and 5.4 opt silver
For a full list of the vein and CRD mineralized intervals from these holes and the remaining 4 holes (HDS-384, HDS-388, HDS-390 and HDS-392) please refer to Table I below.
CEO Jim Gowans commented: “The latest drill results indicate good continuity with respect to thickness and grade within the resource area and exploration drilling continues to provide good potential for expansion of the resource.”

Table I. ASSAY SUMMARIES FOR HDS-384, HDS-388, HDS-390, HDS-392, HDS-397, HDS-398 & HDS-400
                From       To   Interval       From        To    Interval      Ag     Pb     Zn     Cu
DH ID         (feet)   (feet)  (in feet)   (meters)  (meters)    (meters)     opt      %      %      %
HDS-384          988   1014.5       26.5      301.1     309.2         8.1   10.40   2.86   2.79   0.34
HDS-384       1209.5     1227       17.5      368.6     374.0         5.3    2.65   3.02   3.45   0.05
HDS-384         1377     1387         10      419.7     422.7         3.0    8.51   8.45   4.61   0.24
HDS-384         1417     1435         18      431.9     437.4         5.5    2.68   4.49   5.12   0.06
HDS-384         3435     3440          5     1046.9    1048.5         1.5    5.08   1.54   3.35   0.17
HDS-384         4309     4312          3     1313.3    1314.2         0.9   69.42  13.30  10.60   2.65
HDS-384         4334   4348.5       14.5     1320.9    1325.4         4.4    7.41   1.70   0.33   0.18
HDS-384         4472     4482         10     1363.0    1366.0         3.0    3.60   0.60   0.46   0.08
HDS-388          527      562         35      160.6     171.3        10.7    1.67   0.60   1.34   0.05
HDS-388          640      654         14      195.1     199.3         4.3    2.15   3.56   5.07   0.01
HDS-388         1367     1390         23      416.6     423.7         7.0    1.31   1.82   2.54   0.06
HDS-388       2058.5     2082       23.5      627.4     634.6         7.2    2.76   7.73   4.67   0.03
HDS-388         2637     2652         15      803.7     808.3         4.6    0.43   1.18   1.76   0.04
HDS-388         2747     2767         20      837.2     843.3         6.1    0.88   2.41   2.67   0.04
HDS-388         3227   3293.5       66.5      983.5    1003.8        20.3    1.98   1.87   1.36   0.05
HDS-388       3403.5     3415       11.5     1037.3    1040.8         3.5    1.32   3.69   4.22   0.28
HDS-390        805.5    812.5          7      245.5     247.6         2.1    6.77   0.80   2.22   0.03
HDS-390         1426   1429.5        3.5      434.6     435.7         1.1   18.03  15.60  25.80   0.19
HDS-390       1883.5     1887        3.5      574.1     575.1         1.1    6.33   2.65   6.08   0.28
HDS-390       3552.5   3556.5          4     1082.7    1084.0         1.2   14.99   5.24   0.11   0.02
HDS-390         4101     4122         21     1249.9    1256.3         6.4    1.84   1.87   2.91   0.12
HDS-392         1019     1028          9      310.6     313.3         2.7    3.56   3.88   4.64   0.07
HDS-392         1069     1119         50      325.8     341.1        15.2    5.29   3.78   4.72   0.17
HDS-392         1286     1289          3      392.0     392.9         0.9   10.09  10.45   3.88   0.17
HDS-392         3687     3690          3     1123.7    1124.7         0.9    9.01   1.57   1.07   0.49
HDS-392         3810   3830.5       20.5     1161.2    1167.5         6.2    2.02   1.53   0.14   0.01
HDS-392         3875     3878          3     1181.0    1182.0         0.9    2.64   4.64   8.33   0.01
HDS-392         4141     4158         17     1262.1    1267.3         5.2    1.29   2.66   4.18   0.06
HDS-392       4226.5     4229        2.5     1288.2    1288.9         0.8    4.38  10.20  19.30   0.23
HDS-397          763    772.5        9.5      232.6     235.4         2.9    9.66   2.15   2.42   0.27
HDS-397          836      851         15      254.8     259.4         4.6    9.59    4.1   4.25   0.44
HDS-397         1807   1826.5       19.5      550.7     556.7         5.9    1.05   2.08   1.32   0.13
HDS-397         1852     1865         13      564.5     568.4           4    1.32   2.09   3.66   0.06
HDS-397         2012     2102         90      613.2     640.7        27.4    0.83   0.73   1.09   0.06
HDS-397       2342.5   2404.5         62        714     732.9        18.9    9.35  15.08   6.54   0.37
Including       2347     2363         16      715.3     720.2         4.9    29.6  42.93   10.7   1.26
HDS-397         2452     2473         21      747.3     753.7         6.4    1.01   3.42   2.62   0.02
HDS-397         2500     2722        222        762     829.6        67.7    1.37   4.86   5.88   0.04
Including       2510     2617        107        765     797.6        32.6    2.25   8.01   9.84   0.06
HDS-397         2787     2807         20      849.4     855.5         6.1     1.2   3.58    3.9   0.02
HDS-397         3726     3732          6     1135.6    1137.5         1.8    5.51   1.13   0.67   0.32
HDS-398          613      622          9      186.8     189.6         2.7    3.21   3.10   2.64   0.08
HDS-398          922      932         10      281.0     284.1         3.0    1.06   1.05   4.34   0.04
HDS-398       1288.5     1327       38.5      392.7     404.4        11.7    3.88   5.42   9.20   0.37
HDS-398         1857     1908         51      566.0     581.5        15.5    4.47   9.32   8.93   0.16
Including     1890.5     1908       17.5      576.2     581.5         5.3   11.37  22.40  19.66   0.25
HDS-398         1987     1995          8      605.6     608.0         2.4    0.97   2.20   3.07   0.05
HDS-398         2105   2110.5        5.5      641.6     643.2         1.7   20.53   2.05   8.19   1.54
HDS-398         2617     2647         30      797.6     806.8         9.1    0.45   1.24   1.77   0.01
HDS-398         2837     2887         50      864.7     879.9        15.2    2.01   5.51   2.43   0.02
Including       2857   2880.5       23.5      870.8     877.9         7.2    3.57   9.81   4.39   0.04
HDS-398       3051.5     3061        9.5      930.1     932.9         2.9    1.38   3.27   0.24   0.00
HDS-398       3316.5     3327       10.5     1010.8    1014.0         3.2    5.70  17.28   8.60   0.05
HDS-398         3397     3407         10     1035.4    1038.4         3.0    0.91   2.58   2.57   0.03
HDS-400         1649   1689.5       40.5      502.6     514.9        12.3    1.73   4.19   3.78   0.52
HDS-400         1740   1749.5        9.5      530.3     533.2         2.9    5.41  11.32  10.81   0.35
HDS-400         2437     2460         23      742.8     749.8         7.0    0.42   1.22   1.77   0.01
HDS-400       2478.5     2502       23.5      755.4     762.6         7.2    1.08   3.45   4.33   0.09
HDS-400       2653.5   2659.5          6      808.7     810.6         1.8    1.67   4.71   6.25   0.06
HDS-400       2831.5   2834.5          3      863.0     863.9         0.9    4.55  15.40   1.13   0.00
HDS-400       2920.5   2932.5         12      890.1     893.8         3.7    0.75   2.33   2.46   0.01
HDS-400         3159     3186         27      962.8     971.0         8.2    1.12   2.96   2.11   0.14

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Drill intersections with a combined zinc and lead grade of greater than 9% are bolded. CRD drill intervals are down-the-hole drill widths but are considered to be within +/- 5% of true width based on the dip of the ore body at 22 degrees. The exception to this are the intervals noted as veins. It is not possible to determine the true width of the veins based on the drill density and no representation is made here regarding true width of the veins.
Also, Arizona Mining would like to clarify certain statements made in its January 12, 2017 news release regarding the potential sale of concentrates from the Taylor Deposit, specifically comments made by Orion Mining Finance and Ocean Partners, USA Inc. The Company would like to remind the reader that the Company has not yet completed a preliminary economic assessment (“PEA”), or a mining study such as a preliminary feasibility study or feasibility study that supports the technical feasibility or economic viability of the Taylor Deposit including the marketability of the concentrate from the Taylor Deposit.
While the Company is currently working on a PEA expected to be completed by the end of the first quarter 2017, and further metallurgical test work on its potential concentrates, the reader is cautioned that a PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have any economic considerations applied to them that would enable them to be categorized as mineral reserves. In addition, there is no certainty that the preliminary economic assessment will be realized.
Qualified Person
The results of the Arizona Mining Inc. drilling have been reviewed, verified and compiled by Donald R. Taylor, MSc., PG, Chief Operating Officer for Arizona Mining Inc., a qualified person as defined by National Instrument 43-101 (NI 43-101). Mr. Taylor has more than 25 years of mineral exploration and mining experience, and is a Registered Professional Geologist through the SME (registered member #4029597).
Assays and Quality Assurance/Quality Control
To ensure reliable sample results, the Company has a rigorous QA/QC program in place that monitors the chain-of-custody of samples and includes the insertion of blanks, duplicates, and certified reference standards at statistically derived intervals within each batch of samples. Core is photographed and split in half with one-half retained in a secured facility for verification purposes.
Sample preparation (crushing and pulverizing) has been performed at ALS Minerals Laboratories, an ISO/IEC accredited lab located in Tucson, Arizona. ALS Minerals Laboratories prepares a pulp of all samples and sends the pulps to their analytical laboratory in Vancouver, B.C. Canada for analysis. ALS analyzes the pulp sample by ICP following a 4-acid digestion (ME-ICP61 for 33 elements) including Cu (copper), Pb (lead), and Zn (zinc). All samples in which Cu (copper), Pb (lead), or Zn (zinc) are greater than 10,000 ppm are rerun using four acid digestion with an ICP – AES finish (Cu-OG62; Pb-OG62; and Zn-OG62) with the elements reported in percentage (%). Silver values are determined by ICP (ME-ICP61) with all samples with silver values greater than 100 ppm repeated using four acid digestion with an ICP-AES finish (Ag-OG62) calibrated for higher levels of silver contained. Any values over 1,500 ppm Ag trigger a fire assay with gravimetric finish analysis. Gold values are determined by a 30 gm fire assay with an ICP-AES finish (Au-ICP21).
About Arizona Mining
Arizona Mining Inc. is a Canadian mineral exploration and development company focused on the exploration and development of its 100%-owned Hermosa Project located in Santa Cruz County, Arizona. The Taylor Deposit, a zinc-lead-silver carbonate replacement deposit, has a resource of 31.1 million tons in the Indicated Mineral Resource category grading 10.9% zinc equivalent (“ZnEq”) and 82.7 million tons in the Inferred Mineral Resource category grading 11.1% ZnEq both utilizing a 4% ZnEq cutoff grade calculated in accordance with NI 43-101 guidelines (refer to the Company’s news release dated October 31, 2016). The Taylor Deposit remains open to the north, west and south over land controlled by the Company and will be aggressively drilled to test the limits of the resource. The Company’s other project on the Hermosa property is the Central Deposit, a silver-manganese manto oxide project.
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