Arizona Gold & Silver Inc. · TSXV:AZS
Arizona Gold & Silver — Investor Presentation (October 2026)
27 slides from Arizona Gold & Silver's investor presentation, October 2026
Slide 1: Corporate Presentation October 2026
zs CORPORATE PRESENTATION October 2026 TSX-V: AZS OTCQB: AZASF WWW.ARIZONAGOLDSILVER.COM ARIZONA & INC.
Slide 2: Philadelphia Project: District-Scale Gold Discovery
Philadelphia Project DISTRICT-SCALE GOLD DISCOVERY INA PREMIER U.S. MINING JURISDICTION Company Objectives: Sy Advance Philadelphia’s district-scale gold potential through systematic drilling across the property, expanding known mineralization and testing additional prospective trends. Build a robus
Slide 3: Key Facts
P| Key Facts: District-scale exploration potential, with multiple targets along the Arabian Fault and elsewhere across the Philadelphia land package. Gold mineralization associated with the regional Arabian Fault and adjacent rhyolite flow-dome complex, providing a geological framework for continued
Slide 4: Bullhead City and Oatman Gold Mining District
Bullhead City Population: 43,302 Home Depot, McDonalds, WalMart, Starbucks and more amenities Oatman Gold Mining District 2.5 Million+ oz of Historical Gold Production Philadelphia Property Moss Mine (operating open pit) * 56.8 million metric tonnes @ 0.327 g/t Au * 597,744 oz Au (Proven & Probable
Slide 5: Philadelphia: Historic Mining to District-Scale Exploration
Philadelphia: Hi Historic c Mining to District-Scale Exploration 1890s - 1930s: Discovery and early underground mining; ore processed at the nearby Katherine Mill. 1980s - 1990s: Limited exploration; subsequent highway realignment improved access to the mineralized trend. 2019: AZS secured a lease/p
Slide 6: Philadelphia Project Timeline
AN Q LAND POSITION ESTABLISHED 2019 Acquires lease with option to purchase the unpatented Philadelphia claims. a 2020 - 2021 2022 2023 2024 2025 2026 ARIZONA GOLD & SILVER INC. DISCOVERY AND DEFINITION 2020 - 2021 Drilling delivers high-grade gold-silver intercepts and defines the Perry Zone. Philad
Slide 7: Current Drill Targets
Current Drill Targets 05 Perry Zone: Down-Dip Extension Drilling underway to test the depth extent and continuity of high-grade mineralization. Red Hills: Bulk-Tonnage Potential Drilling underway to evaluate broad gold mineralization and its relationship to the CSAMT anomaly. Southern Arabian Fault
Slide 8: Drill Section Perry Zone
Drill Section Perry Zone High-grade depth extension and system expansion success 137m @3.29pt Au | Results confirm: 2408m @0.S1gpt AU [rons] ¢ Perry Zone evolves from narrow vein to broad structural zone 4044m@ O4tgpt Au . ‘ : | ° Thickness increases with depth ¢ Mineralization remains open Continue
Slide 9: Drill Section Perry Zone
Drill Section Perry Zone 137m @3.2gpt Au 2th oop | Drilling is defining broad zones of gold mineralization symasratn | | | containing higher-grade internal intervals: 2.5m@ 5.AgptAu 51.59m @Uregpt Au] ¢ 9.04 g/t Au over 20.43 m — PC25-156, within 5.61 g/t Au over 38.72 m ¢ 19.37 g/t Au over 4.33 m —
Slide 10: Perry Zone Long Section
: +--+ ARIZONA GOLD & SILVER INC a il Philadelphia Project A Perry Zone Long Section H H Au (gpt) X True Thickness (m) : Long Se ion the plane of the vein, roughly 24E, -60 to -70 SE H 5 | H A H : 2 ;|. Legend H 2| @ Drill Hole Pierce Point “| @ Proposed Holes E New Hols « moms] |: : : rect | |e (me
Slide 11: Perry Zone Long Section Drill Hole Index
TSX-V: AZS OTCQB: AZASF - i... ARIZONA GOLD & SILVER INC. : Philadelphia Project Perry Zone Long Section Drill Hole Index Long Section is in the plane of the vein, roughly 24, -60 to.-70 SE ed Scale 1:3,600 aan metres Ed © 1440 ed. ure$ Surg 8 aus 2S ied e108 s7 $4528 101: ) 49 ehte sat? "160 9 149
Slide 12: BLM Approved Drill Area
The red outline is | the drill area 3 approved by BLM. sive aumga ims. WWW.ARIZONAGOLDSILVER.COM
Slide 13: Bulk Tonnage Conceptual Model
Bulk Tonnage Conceptual Model Boiling Zone Beneath Rhyolite Flow Dome Argillic Alteration from USGS ASTER Survey oo PC26-169 PC25-156 PC26-167 PC25-157 PC26-166 PC25-158 PC26-165 New BLM Pad #14 Planned holes Philadephia Veh Basement TSX-V: AZS OTCQB: AZASF
Slide 14: Importance of the Boiling Zone in the Oatman District Mines
Importance of the Boiling Zone in the Oatman District Mines United Eastern Orebody ‘aueraczen cuanre vent Oatman, Arizona “The upper section of the vein assayed less than 1 g/t over GB Avrened Late Grade Section narrow widths. The boiling zone was discovered at a depth ne of approximately 65 metres,
Slide 15: Model for Philadelphia System
Model for Philadelphia System: AngloGold Ashanti Arthur Gold Project; ~4.9 Million Ounces Probable Reserves Size of section drilled to date at Philadelphia Current drilling has only scratched the surface of a much larger system TSX-V: AZS OTCQB: AZASF WWW.ARIZONAGOLDSILVER.COM IS
Slide 16: Greater Philadelphia Project Area
Greater Philadelphia Project Area USGS Aster Hyperspectral Data betaine: Philadelphia ite Chemistry ite Crystallinity SWI R mort survey LWIR Minerals Northeastern Anomaly Quartz Grain Size noncontiguous with main Philadelphia Property. SWIR Minerals MiPhengitic illite (Blue) ic Mite (Green) tic Mlit
Slide 17: Arthur Deposit and Philadelphia East ASTER Data
y pm No gold anomaly at ce surface Arthur Deposit and Philad Es elphia East ASTER Data Me Philadelphia’s ASTER anomalies are comparable in size to those associated with AngloGold Ashanti’s Arthur Gold Project in Nevada, which hosts approximately 10.75 million ounces of gold in indicated and inferred
Slide 18: Stream Sediment Grains at NE Target
Stream Sediment Grains at NE Target Gold Grain ~ 150 microns across Cinnabar ~ 250 microns across Indications there is a gold-bearing epithermal system present TSX-V: AZS OTCQB: AZASF
Slide 19: Heap Leach Potential
Heap Leach Potential 5 = 3 g = a 2 3 ° rs 5 a ra = 3 3 E 5 oO 150 Days of Leach —2—Conventional, 12.5 mm (101150) ~e= Conventional, 6 3 mm (101253) —®-HPGR, Single Pass (101156) TSX-V: AZS OTCQB: AZASF 84% Gold Recovery with HPGR Crushing ° 84% gold recovery with HPGR crushing (86% projected over 36
Slide 20: Milling Potential
Milling Potential TSX-V: AZS OTCQB: AZASF Up to 99% Gold Recovery ¢ 91-99% gold recovery across practical grind sizes ¢ Supports potential treatment of higher-grade material through milling « Low reagent consumption demonstrates favourable metallurgy WWW.ARIZONAGOLDSILVER.COM 20
Slide 21: Philadelphia: High-Grade and Bulk-Tonnage Exploration Potential
Philadelphia: High-Grade and Bulk- Tonnage Exploration Potential High-grade Veins Drilling continues to test the down-dip and along-strike continuity of the Perry Zone. District-scale Opportunities | Additional targets along the Drilling beneath Red Hills southern Arabian Fault and in evaluates the
Slide 22: Share Structure and Distribution
Share Structure and Distribution $0.82 152,485,851 32,627,028 9,946,481 195,059,360 (as of September 2026) 'CQB: AZASF WWW.ARIZONAGOLDSILVER.COM 22
Slide 23: Management and Directors
Management and Directors Jim Engdahl - Chairman of the Board Over four decades of mining and corporate finance experience, currently Audit Chair at Hanstone Gold, with prior senior roles at MNP Corporate Finance, Great Western Minerals Group, and Formation Metals. Greg Hahn - Vice Chair of the Board
Slide 24: Management and Directors
Management and Directors John McVey - Director Extensive experience in contracting and consulting in the mining sector as former CEO of Procon Mining and Tunneling and with Bechtel, SNC-Lavelin, and Kilborn. Licensed professional engineer and ICD.D designate. Yale Simpson - Director More than 30 yea
Slide 25: Advisors
Advisors Terry Salman Former President & CEO of Salman Partners and Vice Chairman of Nesbitt Thomson, with extensive experience financing resource companies. Member of the Order of Canada and former Chair of The Vancouver Foundation. Darin Wagner Professional Geologist with 35+ years’ experience in
Slide 26: Final Thoughts
SSeS Final Thoughts Adding Critical Mineral Exposure to a High-Grade Gold Story With two promising projects in mining-friendly jurisdictions, Arizona Gold & Silver is advancing a portfolio built for discovery, growth, and strategic relevance. WWW.ARIZONAGOLDSILVER.COM
Slide 27: Disclaimer
Disclaimer Cautionary Note Regarding Forward Looking Statements This presentation contains forward-looking statements regarding future events and Arizona Silver’s future results that are subject to the safe harbors created under the Securities Act of 1933 (the “Securities Act”) and the Securities Ex
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