Arizona Mining Acquires Patented Mining Claims

VANCOUVER, BC - Arizona Mining Inc. has closed the acquisition of approximately 300 acres of patented mining claims. The addition of the land package, which is adjacent to the Company's Hermosa Taylor Deposit, will greatly enhance Arizona Mining's surface lands available for further exploration of the Taylor Deposit and any future mining operations.

As consideration for the acquisition, the Company has assumed the environmental liabilities relating to the site that resulted from historic mining activity. The Company submitted a remediation work plan that addresses the environmental liabilities, which has been approved by the Arizona Department of Environmental Quality. In accordance with the plan, the Company will construct a passive water treatment system estimated to cost US$2.9 million of which the Company's share is US$1.9 million with the US$1.0 balance contributed by a former owner of the claims. In addition, the Company has posted two bonds totaling US$1.97 million to secure the future operating performance of the passive water treatment system. The Company has posted US$0.86 million with the bond surety company as collateral for the bonds.

In connection with the acquisition, the Company has borrowed $4.0 million from a company controlled by Richard Warke, a Director of the Company and the Company's Executive Chairman.

Arizona Mining Inc. is a Canadian mineral exploration and development company focused on the exploration and development of its 80% owned Hermosa Project located in Santa Cruz County, Arizona. The Taylor Deposit, a lead-zinc-silver carbonate replacement zone mineral exploration project, has a resource calculated in accordance with NI 43-101 and is being drilled to test the limits of that resource. The Company released the results of the first seven holes of the current drill program that showed high grade lead, zinc and silver intercepts over significant thicknesses. The Company recently completed metallurgical test work on drill core from the Taylor Deposit that projects overall recoveries of 92.9% Pb; 85.5% Zn and 91% Ag using industry standard froth flotation processing technology. Arizona Mining is currently completing an updated resource estimate based on the drill results to date. The Company's other project on the Hermosa property is the Central Deposit, a silver-manganese manto oxide development project that has a prefeasibility study completed in December 2013.