Maya Gold & Silver Inc. ("Maya" or the "Corporation") (TSX VENTURE:MYA) is
pleased to announce, the renewal of its 100% owned exploration Permit 233263,
for the next four years in accordance with the Moroccan Ministere des Mines et
de l'Energie. The property is located in the eastern Anti-Atlas of Morocco and
covers an area of 16 km2 south of the world class Imiter Silver Mine. 


Maya has recently performed exploration works on the property which consisted of
geological and geochemical surveys. Preliminary results from selected grab
samples along various structures returned high concentrations of Au-Ag-Cu-Pb-Zn.
In the eastern sector of the property, assay values yielded up to 3.1 g/t Au and
416 g/t Ag along a 2 to 10 m-wide NNE trending structure which was traced for
more than 2 km. These new assay values coincide with a NNE-SSW-oriented
geophysical induced polarization axis. The orientation of this mineralized
structure can be extended to the main Imiter structures located 2.5km to the
north. 




                     Grab samples from surface outcrops                     
                                                                            
----------------------------------------------------------------------------
Sample #            Sector    Au g/t    Ag g/t      Cu %      Pb %      Zn %
----------------------------------------------------------------------------
7                     East      0.05         8      3.98      1.56      0.07
15685                 East      0.16        27      0.13      2.76      0.24
                                    ----------                              
15686                 East      0.11        16       0.2      1.21       1.5
                                    ----------                              
15687                 East      0.23        16       0.2      1.18      0.83
15688                 East      0.51         7      0.06      0.61       1.8
15691                 East      2.78        17      0.06      0.44      0.08
15694                 East      0.23        38      0.03       4.1      0.08
15695                 East      0.69         9      0.02      1.37      7.57
15696                 East      0.51         2      0.01      0.19       0.9
15698                 East      0.97         1      0.02      0.01      0.01
15699                 East       0.7         1      0.01         0      0.01
IMSIS 24              East      0.05       400      0.02      0.21      0.01
IMSIS 26              East      1.49        16      0.08      0.01      0.04
IMSIS 31              East      0.93       416         0      0.39         0
IMSIS 32              East      0.48       148       0.1      0.01      0.06
IMSIS 33              East      1.55        49      0.14      0.05      0.01
IMSIS 35              East      3.14         2      0.02      0.03      0.03
3                     West         0       285      0.34      18.8      0.01
4                     West      0.05         2      16.3      0.07      0.03
IMSIS 37              West      1.24        22      0.01      0.02      0.01
IMSIS 44              West      2.03        58         0         0      0.04
IMSIS 48              West      1.18         2      0.01      0.01      0.01
IMSIS 53             North      2.49         3      0.01         0         0
----------------------------------------------------------------------------



Two new mineralized zones were encountered in the western and northern sectors
of the property. Quartz-carbonate-hematite-goethite veins enriched in
malachite-azurite-hematite+pyrite+/-galena returned values up to 2 g/t Au, 285
g/t Ag and 16.3 % Cu. Polished thin sections show the presence of galena,
sphalerite, chalcopyrite and native gold, hosted in the matrix of brecciated
limonitized, hematized and silicified breccias (Alansari, 2012). Part of the
mineralized zones are located within a sheared corridor of bleached and
tourmaline-rich felsic volcanic rocks. 


"Immediately adjacent to of one of the world's largest silver producers, these
preliminary exploration results demonstrate the excellent resource potential of
the property and confirm the vast capacity for future development" stated Guy
Goulet, CEO of Maya.


There is a variety of mineralization types found throughout the property and
crosscutting felsic volcanic rocks as well as, sedimentary sequences. Future
exploration programs will involve more systematic geochemical rock sampling to
help build a comprehensive geological model for drill hole targets definition. 


The technical content of this news release has been reviewed by Francois Goulet,
Msc., P. Geo from Goulex inc. Ltd a Qualified Person (QP) and Michel Boily,
PhD., P. Geo an independent QP under NI 43-101 standards.


ABOUT MAYA

Maya Gold & Silver Inc. is a Canadian listed mining corporation focused on the
exploration and development of gold and silver deposits in Morocco. The
Corporation's shares trade on the TSX Venture Exchange under the symbol "MYA". 


This release may contain forward-looking statements including management's
assessments of future plans and operations, and expectations of future
production. These statements are based on current expectations that involve a
number of risks and uncertainties, which could cause actual results to differ
materially from those anticipated. These risks include, but are not limited to,
the risks associated with the mining and exploration industry (e.g. operational
risks in development, exploration and production; delays or changes in plans
with respect to exploration or development projects or capital expenditures; the
uncertainty of reserve estimates; the uncertainty of estimates and projections
relating to production and the uncertainty of the availability of capital). The
assumptions used in the preparation of such statements, although considered
reasonable at the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking statements.


A video is available at the following link: http://mayagoldsilver.com/podcast/

FOR FURTHER INFORMATION PLEASE CONTACT: 
Maya Gold & Silver Inc.
Guy Goulet
Chief Executive Officer
450-435-0700 ext. 204
ggoulet@mayagoldsilver.com
www.mayagoldsilver.com

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