Arizona Eagle Mining discovers zinc-silver VMS northeast of McCabe Mine

Toronto, Ontario--(Newsfile Corp. - August 25, 2026) - Arizona Eagle Mining Corp. (TSXV: AZEM) (OTCQB: AZEMF) (the "Company" or "Arizona Eagle") is pleased to announce results from the final five holes of its Phase 1 drill program (the "Phase 1 Drill Program") on the highly prospective Eagle Project, located in the historic McCabe gold-silver mining district in Arizona. The Phase 1 Drill Program's objective was to target multiple northeasterly-striking, steeply-dipping sulphide-bearing quartz veins that may extend beyond the area covered by the historical resource estimate of approximately 880,000 ounces of gold at 11.7 g/t at McCabe (the "Historical Estimate").

These initial drill holes targeted the potential to the northeast, outside the area covered by the Historical Estimate, and intersected high-grade gold mineralization that remains open along strike, extending the mineralized strike by about 50 metres beyond the approximate 750 metre strike length covered by the Historical Estimate.

Drill holes Eagle-26-05 and Eagle-26-06, located approximately 200 metres and 250 metres northeast, respectively, of the McCabe Mine, both intersected high-grade zinc-silver VMS type mineralization. These intervals are on strike with three past-producing silver mines, recently acquired by Arizona Eagle, which are located approximately one kilometre northeast of the McCabe Mine. The zinc-silver VMS intervals appear to have many similarities to the past-producing Iron King Mine 1 , located approximately four kilometres on strike to the northeast of the McCabe Mine. Historic records at the Iron King Mine reported production from 1903 to 1969 of 5.7 million tons at a grade of 2.6 g/t gold, 98 g/t silver, 4.9% zinc, 1.8% lead, and 0.1% copper. The Iron King Mine was mined to depths below 1,000m, whereas the vertical depths of the VMS intervals reported in