Arizona Gold & Silver: Philadelphia Drilling Expands Structural Understanding of the Perry Gold System; Upwelling Zone Remains Open at Depth, Drilling Continues

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Arizona Gold & Silver: Philadelphia Drilling Expands Structural Understanding of the Perry Gold System; Upwelling Zone Remains Open at Depth, Drilling Continues (TheNewswire) Vancouver, British Columbia, February 25, 2026 - TheNewswire – Arizona Gold & Silver Inc. (“Arizona” or the “Company”) (TSXV: AZS) (OTCQB: AZASF) announces it has received assays from the latest core holes, PC25-159 and PC26-160 on the Philadelphia project in Arizona. The two holes were drilled on the northern and southern limits of the Perry zone.  Both holes intersected low gold grades in previously unrecognized east-west faults. These faults vertically offset the mineralization within the host Arabian Fault structure.  Drilling is continuing with the rig currently testing the shallower portion of the Perry zone, up-dip of hole PC25-156. Drill Highlights Hole PC25-159 28.41 metres (“m”) at 0.68 g/t gold and 6.04 g/t silver from 318.61m downhole including: 3.96m at 1.66 g/t gold and 7.6 g/t silver from 318.61m downhole  1.40m at 2.99 g/t gold and 8.2 g/t silver from 327.42 m downhole  2.34m at 1.74 g/t gold and 12.85 g/t silver from 344.88 downhole  Hole PC25-160 66.39m at 0.293 g/t gold and 1.364 g/t silver from 327.66m downhole including: 1.07m at 1.46 g/t gold and 1.2 g/t silver from 327.66 m downhole   1.34m at 1.87 g/t gold and 9.8 g/t silver from 367.25 m downhole  True thickness is estimated at approximately 60% of drilled thickness. The Perry zone is now defined as approximately 165m in strike length, truncated by sub east-west structural complexities.  Such structures appear to crosscut the Arabian fault that is the host structure for all the known mineralization at Philadelphia.  It now appears that PC25-159 was drilled structurally above the mineralizing system. The depth to the “pay zone” is as yet undetermined. A similarly down-dropped block is proposed to the south in hole PC26-160.  That hole is again interpreted to have been drilled above that part of the mineralizing system. Lex Lambeck, Senior Vice-President Exploration comments, “We did not expect to drill into bounding faults to constrain the strike length of the Perry zone. Drilling continues however as the zone is not fully defined up dip and is completely open at depth. W...

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