Mr. Kevin Reid reports

ARIZONA EAGLE MINING CORP. ANNOUNCES APPOINTMENT OF BEN SOMPS AS VICE PRESIDENT, EXPLORATION

Arizona Eagle Mining Corp. has appointed Ben Somps as vice-president, exploration, of the company, effective Oct. 14, 2026. Mr. Somps will also serve as the company's qualified person within the meaning of National Instrument 43-101, Standards of Disclosure for Mineral Projects.

Mr. Somps will replace Dr. Clyde Smith, PhD, who has served as the company's vice-president, exploration, and qualified person. Mr. Smith will remain involved with the company as a technical adviser.

In his role as vice-president, exploration, Mr. Somps will lead Arizona Eagle's exploration and technical programs, including exploration planning, geological and drilling supervision, quality assurance/quality control, data management, technical reporting, and the preparation, supervision and certification of technical disclosure as qualified person. Mr. Somps is familiar with the Eagle project and wrote the current technical report on the McCabe mine project.

Kevin Reid, chief executive officer of Arizona Eagle, commented: "We are pleased to welcome Ben to Arizona Eagle as vice-president, exploration. Ben's familiarity with the Eagle project and his experience with technical disclosure and exploration planning will strengthen our technical leadership as we continue to advance our exploration programs in Arizona. We also thank Clyde for his important contributions in advancing the Eagle project, and we are pleased that he will remain involved with the company as a technical adviser."

In connection with the appointment and under and in accordance with the terms of the company's existing stock option plan, the board of directors of the company has granted Somps Exploration Services LLC 50,000 stock options. Each option is exercisable to purchase one common share of the company at an exercise price of $1.10 per common share for a period of five years from the date of grant and will vest as to one-third on each of the date of grant, the first anniversary of the date of grant and the second anniversary of the date of grant.

About Arizona Eagle Mining Corp.

Arizona Eagle is a mineral exploration company focused on the acquisition, exploration and development of mineral properties. Arizona Eagle's principal asset is the Eagle project, a 4,169-acre property comprising patented and unpatented claims located near the town of Prescott Valley in Yavapai county, Arizona. The Eagle project is centred on the past-producing McCabe mine, a high-grade gold-silver deposit, and includes multiple parallel structures hosting past-producing mines that remain largely untested by modern drilling. While Arizona Eagle's primary focus will be on the exploration and development of the Eagle project, it will continue to own its legacy land portfolio in the Thompson nickel belt of Northern Manitoba.

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