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
CORPORATE PRESENTATION October 2026 TSX-V: AZS OTCQB: AZASF WWW.ARIZONAGOLDSILVER.COM ARIZONA & INC.
Slide 2: Philadelphia Project
Philadelphia Project DISTRICT-SCALE GOLD DISCOVERY INA PREMIER U.S. MINING JURISDICTION Company Objectives: Advance Philadelphia’s district-scale gold potential through systematic drilling across the property, expanding known mineralization and testing additional prospective trends. Build a robust g
Slide 3: Key Facts
LE Key Facts: District-scale potential: Multiple targets along the Arabian Fault and across the property. Favourable geology: Gold associated with the Arabian Fault and adjacent rhyolite flow-dome complex. Room to expand: Approximately 1.5 km of the 3 km Arabian Fault corridor drilled to date. Integ
Slide 4: Bullhead City and Oatman Gold Mining District
Bullhead City Population: 43,302 Home Depot, McDonalds, Walmart, Starbucks and other amenities as { =. Laugh Dead Mountains Wilderness 0 5 10km —_— Approximate scale Oatman Gold Mining District 2.5 million+ oz of Historical Gold Production e Katherine *Davis Dam kK Philadelphia Property in ; _ n Mos
Slide 5: ha ths
ha ths TSX-V: AZS OTCQB: AZASF 5
Slide 6: Land Position: Philadelphia Project Timeline
AN LAND POSITION ESTABLISHED 2019 Acquires lease with option to purchase the unpatented Philadelphia claims. Q | ARIZONA GOLD & SILVER INC. DISCOVERY AND DEFINITION 2020 - 2021 Drilling delivers high-grade gold-silver intercepts and defines the Perry Zone. | EXPANDED LAND PACKAGE 2022 Two remaining
Slide 7: Current Drill Targets
Current Drill Targets 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. N 03 Southern Arabian Faul
Slide 8: Drill Section Perry Zone
Drill Section Perry Zone High-grade depth extension and system expansion success Results confirm: Sram g a7eggt au ¢ Perry Zone evolves from narrow vein to broad structural zone ed | Thickness increases with depth | « Mineralization remains open Continued exploration drilling planned Drilling will c
Slide 9: Drill Section Perry Zone
Drill Section Perry Zone Drilling is defining broad zones of gold mineralization SZ sete containing higher-grade internal intervals: iiSing Rata ] ¢ 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 — PC25-158, within 4.36 g/t Au over 60.37 m ¢ 4.10 g/t
Slide 10: Perry Zone Long Section
s ‘ARIZONA GOLD & SILVER INC iG Philadelphia Project o Recommerided holes Perry Zone Long Section Au (gpt) X True Thickness (m) Long Section is in the plane of the vein, roughly 24E, -60 to -70 SE
Slide 11: Perry Zone Long Section Drill Hole Index
ARIZONA GOLD & SILVER INC Philadelphia Project Perry Zone Long Section Drill Hole Index ° sue ooh ere § 8 142 2g sat 1 © 100% 97 : : © 1530 199; 98 Jeasonemred ane Pee et eee, © 1528 101 Legend © Drilling pending ‘© Drill Hole Pierce Point ‘Proposed Holes {@{New Holes Thy arizona Philadelphia Projec
Slide 12: BLM Surveyed Area and Drill Pads
Philadelphia Project | BLM Surveyed Area and Drill Pads #1-18 | Regional location NEVADA @ Las Vegas Bullhead —$ yr °79™=" City || Philadelphia | oon ARIZONA f ~~ : BLM #7 | < ) id w= BLM surveyed area | | Bs E é New drill pad ‘% ‘4 |) ¢ Aa be Access road 7]. P —— ke 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 > PC26-169 PC25-156 PC26-167 PC25-157 PC26-166 PC26-165 ar New BLM a , = Pad #10 PC26-172-175 (drilling in progress) New BLM Pad #14 Planned holes Philadephia Véin Baseme TSX-V: AZS OTCQB
Slide 14: Importance of the Boiling Zone in the Oatman District Mines
Importance of the Boiling Zone in the Oatman District Mines No detectable No.1 se United Eastern Orebody ¢ Oatman precedent: Narrow upper veins : AE a Oatman, Arizona graded <1 g/t Au; the boiling zone at ~65 trace gold Grade Section m depth returned >34 g/t Au over widths in quien Bi wiverauizeo qu
Slide 15: Model for Philadelphia System: Arthur Gold Project
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 alte
Slide 16: Philadelphia Project Area Hyperspectral Data
Philadelphia Project Area Hyperspectral Data Dataset includ Philadelphia + Illite Chemist Illite Crystallinity WI R apsees survey LWIR Minerals Northeastern Anomaly noncontiguous with main Philadelphia Property. SWIR Minerals Phengitle ite (Blue) IiMuscoviti tite (Green) Paragonitie illite (Red) Eas
Slide 17: ASTER-derived alteration maps for Arthur and Philadelphia
By No gold anomaly at surface ASTER-derived alteration maps for Arthur Deposit and Philadelphia Philadelphia’s ASTER anomalies are comparable in size to tho: Nevada, which hosts approximately 10.75 million ounces of gol million ounces in probable mineral reserves. se associated with AngloGold Ashant
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 18
Slide 19: Heap Leach Potential
Heap Leach Potential < oS g * a = ° oo e o 2 o a @ 2 s 3 is 5 ° 150 Days of Leach Conventional, 12.5 mm (101150) -*-HPGR, Single Pass (101156) TSX-V: AZS OTCQB: AZASF 84% Gold Recovery with HPGR Crushing * 84% gold recovery with HPGR crushing (86% projected over 360 days) ¢ 12% higher recovery than
Slide 20: Metallurgical Test Results with up to 99% Gold Recovery
Metallurgical Test Results with 91 - 99% Gold Recovery in Laboratory Testing 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 3 < 3s c 2 6 £
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 ex
Slide 22: Share Structure and Distribution
Share Structure and Distribution $0.53 1e ; r 152,485,851 32,627,028 9,946,481 195,059,360 (as of October 2026) 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 MeVey - 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
eee ————————E_E Final Thoughts Adding Critical Mineral Exposure toa 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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