Mr. Marc Pais reports

ARIZONA METALS ANNOUNCES SHAREHOLDER UPDATE WEBINAR

Arizona Metals Corp. will host a virtual-only shareholder update webinar on Monday, July 17, 2023, from 11 a.m. to 12 p.m. EST.

The shareholder update webinar will be facilitated by Marc Pais, chief executive officer, and Morgan Knowles, vice-president, investor relations, who will review the company's most recent drilling results as well as discuss milestones, financial strength and the outlook for the remainder of the fiscal year. The company's CEO, Mr. Pais, and VP of investor relations, Mr. Knowles, will facilitate presubmitted and live chat questions and answers.

Investors are asked to submit their questions to mknowles@arizonametalscorp.com.

Webinar log-in details

Topic:  Arizona Metals shareholder webinar

Date:  July 17, 2023

Time:  11 a.m. Eastern Time (United States and Canada)

Meeting ID:  819 7970 4873

Passcode:  340147

About Arizona Metals Corp.

Arizona Metals owns 100 per cent of the Kay mine project in Yavapai county, which is located on a combination of patented and Bureau of Land Management claims totalling 1,300 acres that are not subject to any royalties. A historic estimate by Exxon Minerals in 1982 reported a "proven and probable reserve of 6.4 million short tons at a grade of 2.2% copper, 2.8 g/t gold, 3.03% zinc, and 55 g/t silver." (Fellows, M.L., 1982, Kay mine massive sulphide deposit: Internal report prepared for Exxon Minerals Company, November, 1982, 29 pages.) The historic estimate at the Kay mine deposit was reported by Exxon Minerals in 1982. The historic estimate has not been verified as a current mineral resource. None of the key assumptions, parameters and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, redrilling and data verification may be required by a qualified person (as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects) before the historic estimate can be verified and upgraded to be a current mineral resource. A qualified person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.

We seek Safe Harbor.