TSX: AZ

INVESTOR FACT SHEET www.arizonamining.com

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 31.1 million tons in
the Indicated Mineral Resource category grading 10.9% zinc equivalent
(ZnEq) plus 82.7 million tons of Inferred Mineral Resources grading
11.1% ZnEq utilizing a 4% ZnEq cutoff grade calculated in accordance with
NI 43-101 guidelines. The Taylor Deposit remains open to the north, west
and south over land controlled by the Company.
The Companys other project on the Hermosa property is the Central
Deposit, a silver-manganese manto oxide project.
Arizona Minings shares trade on the Toronto Stock Exchange under the
symbol AZ.
Taylor Deposit Indicated and Inferred Resources
Indicated Mineral Resource
Cutoff
Short Tons ZnEq % Zn % Pb % Cu % Ag opt
ZnEq %
25 1,775,000 32.8 13.4 12.8 0.4 6.6
20 3,640,000 27.2 11.4 10.8 0.3 5.0
15 6,499,000 22.7 9.8 9.0 0.3 4.0
10 12,303,000 17.8 7.7 7.1 0.2 3.0
6 22,280,000 13.3 5.8 5.3 0.2 2.2
5 26,265,000 12.1 5.2 4.8 0.1 2.0
4 31,143,000 10.9 4.7 4.4 0.1 1.8
3 38,571,000 9.5 4.1 3.8 0.1 1.6
0 185,918,000 2.4 1.0 0.9 0.0 0.4
Inferred Mineral Resource
Cutoff
Short Tons ZnEq % Zn % Pb % Cu % Ag opt
ZnEq %
25 5,231,000 36.1 16.4 13.7 0.4 6.1
20 8,399,000 30.9 13.4 12.1 0.4 5.4
15 15,713,000 24.4 9.9 10.0 0.3 4.5
10 32,203,000 18.2 7.1 7.6 0.2 3.6
6 61,112,000 13.3 5.1 5.6 0.2 2.6
5 71,222,000 12.2 4.6 5.1 0.2 2.4
4 82,748,000 11.1 4.2 4.7 0.2 2.2
3 98,671,000 9.9 3.7 4.1 0.1 2.0
0 749,354,000 1.6 0.6 0.6 0.0 0.3
Results were calculated by AMC and are based on a ZnEq grade calculated with the following metal prices: $0.95/lb for zinc, $0.90/lb for lead,
and $20 per ounce for silver. Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty
that all or any part of mineral resources will be converted to mineral reserves.

Taylor Deposit Metallurgy1

Preliminary recoveries of 85.5% Zn, 92.9% Pb and 76% Ag
56% for zinc in concentrate, 75% for lead in concentrate
Industry standard froth flotation processing technology
1Results based on initial flotation testing in 2016. The Company would like to caution the reader that the Company
has not yet completed a preliminary economic assessment ("PEA"), or a mining study such as a preliminary feasibility
study or feasibility study that supports the technical feasibility or economic viability of the Taylor Deposit, including
the marketability of the concentrate, mining methods, costs, recoveries and any other technical aspects related to
the Taylor Deposit.
 www.arizonamining.com TSX:AZ

3D View Taylor & Management

Central Deposits Richard W. Warke

Executive Chairman

Jim Gowans
President & CEO

Donald R. Taylor
Chief Operating Officer

Paul J. Ireland
Chief Financial Officer

Gregory F. Lucero
VP, Community and
Government Affairs
Johnny Pappas
Director of Environmental &
Permitting
Purni Parikh
VP, Corporate Secretary

Susan Muir
VP, Investor Relations &
2017 Strategic Priorities: Corporate Communications

Board of Directors
Infill and test the limits of the Taylor Deposit
Richard W. Warke
Complete a Preliminary Economic Assessment and
resource update by the end of Q1 2017 Jim Gowans

Deliver a Feasibility Study in Q4 2017 Don Taylor

Initiate permitting
Donald R. Siemens
Toronto Stock Exchange Trading Symbol AZ
Issued and Outstanding Shares 249.6 million Robert P. Wares
Issued Options and Warrants 39.7 million
Fully Diluted 289.3 million Poonam Puri
Share Price as of February 10, 2017 C$2.93
Contact
Market Capitalization C$731 million
Average Volume (20 days) 1.7 million Susan Muir
Tel: (416) 505-7606
52 Week High/Low $3.49/$0.33
smuir@arizonamining.com
Management/Insider Ownership ~40%
This Fact Sheet includes forward looking statements. All statements other than statements of historical facts are forward looking statements
including statements with respect to the Companys intentions for its Hermosa Project. These forward looking statements are based on a
number of assumptions which, while considered reasonable by Arizona Mining, are subject to risks and uncertainties. Readers should refer to
the Companys public filings including its 2015 MD&A filed on SEDAR or on the Companys website for further information on those risks.

Corporate Office
Suite 555 999 Canada Place
Vancouver, BC V6C 3E1