Update On Additional Exploration Drill Holes At The Taylor Deposit

VANCOUVER - Arizona Mining Inc. reported the results of five exploration drill holes from its current program on the Taylor zinc-lead-silver sulfide deposit located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. This brings the total number of drill holes reported in the latest program to forty-six.

HDS-396 is a vertical hole drilled to infill an area on the southwest margin of the previously reported resource area. The drill hole was successful and clearly indicates continuity of the mineralization in the area of the resource previously defined by HDS-334 and HDS-361. HDS-397 intersected eleven (11) distinct mineralized CRD horizons with a total cumulative mineralized thickness of 947 feet. Several mineralized zones were intersected in the drill hole including a 524-foot thick interval assaying 8.5% zinc, 6.9% lead and 2.5 ounces per ton ("opt") silver. Within the larger interval several higher-grade zones were intersected, the best of which was a 104-foot thick interval which assayed 22.1% zinc, 14.6% lead and 5.6 opt silver.

Ocean Partners, USA Inc., an internationally recognized global trader of zinc, lead, copper and precious metal concentrates and related by-products and secondary materials, have advised, that in their opinion, and based on the preliminary metallurgical test work released in early 2016, both the zinc and the lead concentrate expected to be produced from the Taylor Deposit on the Hermosa project of Arizona Mining will be highly marketable under any market conditions. Furthermore, we have been advised by Ocean that they are prepared to enter into a MOU to purchase all of the lead and zinc concentrates to be produced at the Taylor Deposit.

The Company is completing further metallurgical work and its preliminary economic assessment (PEA) by end of the first quarter 2017. Once completed, the Company will be in a position to address the interest from the various parties regarding offtake agreements for its concentrates. Management has always felt the composition of the concentrates would not be an impediment to the success of the Taylor Deposit.

Drill intersections with a combined zinc and lead grade of greater than 9% are bolded. Drill intervals are down the hole drill width but are considered to be within 5% of true width, excepting noted veins. It is not possible to determine the true width of the veins and no representation is made here regarding true width of the veins.

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 guideline s (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.