Arizona Gold & Silver Inc.TSXV: AZS

Arizona Star Files Application to List its Common Shares On The American Stock Exchange

· Issued by Arizona Gold & Silver Inc. via CNW
TORONTO, May 4 /CNW/ - Arizona Star Resource Corp. (TSX-V: AZS) announced
today that it has filed an application to list its common shares on The
American Stock Exchange. To complete the application process, the Company has
retained A.B. Korelin & Associates Inc. to assist in preparing a 40-F
Registration Statement to be filed with the United States Securities and
Exchange Commission.
President and CEO Paul Parisotto noted that "one of the commitments of
the new management and directors when we assumed office was that we would take
steps to improve liquidity and expand our shareholder base. The proposed AMEX
listing will be an important step in this direction".
Arizona Star holds a 25% interest in the Cerro Casale gold-copper project
located in Chile. Placer Dome holds a 51% interest in the project and is the
operator. Bema Gold holds the remaining 24%.

    The TSX Venture Exchange neither approves nor disapproves the
information contained in this News Release. Arizona Star Resource Corp.
      trades on the TSX Venture Exchange under the symbol AZS.

Some of the statements contained in this release are forward-looking
statements, such as estimates and statements that describe the Company's
future plans, objectives or goals, including words to the effect that the
Company or management expects a stated condition or result to occur. Since
forward-looking statements address future events and conditions, by their very
nature, they involve inherent risks and uncertainties. Actual results in each
case could differ materially from those currently anticipated in such
statements.
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