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Arizona Mining Inc
Symbol AZ
Shares Issued 294,666,630
Close 2017-06-08 C$ 2.13
Market Cap C$ 627,639,922
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Arizona Mining appoints Boehner, Mulrow to board

2017-06-08 09:21 ET - News Release

Mr. Richard Warke reports

ARIZONA MINING ANNOUNCES APPOINTMENT OF JOHN BOEHNER AND WILLIAM MULROW TO BOARD OF DIRECTORS

Arizona Mining Inc. has appointed two new directors to the company's board of directors -- former Speaker of the House John Boehner and investment banker William Mulrow.

Chairman Richard Warke stated, "The addition of these distinguished directors to our board will greatly enhance our profile in U.S. markets and emphasizes the importance of Hermosa-Taylor as a top-tier zinc-lead-silver project with an exciting future."

Mr. Boehner served as the 53rd Speaker of the United States House of Representatives from 2011 to 2015. A member of the Republican Party, Mr. Boehner was the U.S. Representative from Ohio's eighth congressional district, serving from 1991 to 2015. He previously served as the House minority leader from 2007 until 2011, and House majority leader from 2006 until 2007. Following his career in government service, Mr. Boehner joined Squire Patton Boggs, a global law and public policy firm. He earned a bachelor of arts in business administration from Xavier University.

"I am pleased to join the board of a company that is developing a world-class, multigenerational mine that will provide good-paying, sustainable employment and help make America less dependent on imported metals," said Mr. Boehner.

Mr. Mulrow is a senior adviser at the Blackstone Group, an alternative asset manager. Previously, he was a director of global capital markets at Citigroup Inc., a managing director of Paladin Capital Group, a senior vice-president and head of new product development at Gabelli Asset Management (now GAMCO Investors), a managing director in corporate finance for Rothschild Inc., and a managing director and head of public finance banking for Donaldson, Lufkin and Jenrette Securities Corp. He is a graduate of the Kennedy School of Government at Harvard University and of Yale College where he graduated cum laude and was a Rhodes scholar finalist.

"The Hermosa project is shaping up to be one of America's richest minerals deposits and the development of it is of key importance for our country," said Mr. Mulrow.

Mr. Boehner and Mr. Mulrow will also be nominated for election to the board at the upcoming annual general meeting of the company to be held on June 23, 2017, and management of the company intends to vote the proxies solicited by management for the election of Mr. Boehner and Mr. Mulrow to the board.

About Arizona Mining Inc.

Arizona Mining (an augustagroup company) is a mineral exploration and development company focused on the exploration and development of its 100-per-cent-owned Hermosa project located in Santa Cruz county, Arizona. The Taylor deposit, a zinc-lead-silver carbonate replacement deposit, has a resource of 8.6 million tons in the measured mineral resource category grading 4.2 per cent zinc, 4.0 per cent lead and 1.6 ounces per ton silver, or 9.7 per cent zinc equivalent, plus 63.8 million tons in the indicated mineral resource category grading 4.5 per cent zinc, 4.4 per cent lead and 1.9 ounces per ton silver, or 10.6 per cent ZnEq, and 38.6 million tons of inferred mineral resources grading 4.4 per cent zinc, 4.2 per cent lead and 3.1 ounces per ton silver or 11.6 per cent ZnEq, all reported in accordance with National Instrument 43-101 guidelines utilizing a 4-per-cent-ZnEq cut-off grade. 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.

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