Maya Intersects 186 G/T AG over 38M at Surface Including 2.419 KG/T AG over 2M at Zgounder Mineralization Extends to 1,740MZ with 963 G/T AG over 1.3M
PRESS RELEASE
MAYA INTERSECTS 186 G/T AG OVER 38M AT SURFACE
INCLUDING 2.419 KG/T AG OVER 2M AT ZGOUNDER
MINERALIZATION EXTENDS TO 1,740MZ WITH 963 G/T AG OVER 1.3M
FOR 260M UNDER THE 2000MZ MAIN LEVEL
Montréal, Québec – October 23, 2017 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV:
MYA) is pleased to announce positive diamond drill hole results from its Zgounder silver mine exploration
program.
Highlights
! 22 holes have been drilled to date for a total of 5,373 metres
! Hole ZG-‐17-‐9 intersected 186 g/t Ag over 38m from 1.5 to 39.5m including 2,419g/t Ag
over 2m at 25m
! Hole ZG-‐17-‐11 intersected 345/t Ag over 22m from 86 to 108m including 816 g/t Ag over
5.5m at 92m ;1.24Kg/t over 1m at 102m; 236g/t Ag over 3m at 307.5m; and 963 g/t Ag
over 1.3m at 335m.
! Hole ZG-‐17-‐10 intersected 126 g/t Ag over 99m from 0 to 99m including 177 g/t Ag over
55.5m from 43.5 to 99m, including 373g/t Ag over 8m at 71m (previously disclosed in
press releases dated August 15th 2017 and September 6th 2017)
Silver grades are uncut, core length disclosed, true thickness (1) is variable and estimated to be 40% to 70% of
core length.
"The northern sector continues to deliver good results, with very impressive results from holes 9, 10, 11 and
3 and present mineralization near and at surface. Since these results are similar to the Eastern sector
reported on September 6th2017, a scenario for a long-‐term larger mine operation is being considered, while
maintaining the development of the high grade operations. These positive intervals extend the
mineralization at depth, 240 meters below the main 2000 level", said Noureddine Mokaddem, President and
CEO of Maya Gold & Silver.
(1)The hole ZG-‐17-‐9 was drilled to the north and the hole ZG-‐17-‐10 was drilled to the south, increasing the
knowledge of the mineralization in the northern sector near surface. Both holes drilled from the same set-‐up
and their jointed intersections with the sub vertical mineralized zones now present a horizontal thickness of
68 m at 143 g/t Ag (length weighted) for a vertical depth from surface of 82m.
In the same sector Hole ZG -‐17-‐11 intersected mineralization of the north zone and extend panel 9 and
thereafter Corps B to 1,740m Z elevation. It also shows the displacement of the mineralized zones to the
north by flat faults.
The following table present s additional information on intersection s of interest . The map below shows drill
holes location and the position of the intersections of interest. The cross sections on the map resent the
diamond drill holes on profile A-‐A’ and profile B-‐ B’ (images below) . The intersection s of ZG-‐17-‐10 were
restated as part of the statement of the horizontal widt h defined by the two holes 9 and 10 drilled in
opposite direction s and providing true horizontal width of the mineralized zone.
Table with holes intersections
Core length, values are uncut, true thickness is estimated to be 40% to 70% of core length.
Table of hole location disclosed herewith
Hole Easting Northing Elevation Azimut Dip Length (m)
ZG-‐17-‐9 275828,1 420390 2043 340 -‐60 200
ZG-‐17-‐11 275900,4 420410,6 2060 200 -‐73 338
ZG-‐17-‐10 275828.13 420391.48 2043 160 -‐60 231.6
Click here for diamond drill holes location map showing intersections of interest.
Click here for Section AA.
Click here for Section BB.
Hole # From To Length Ag Zone
(m) (m) (m) g/t
ZG-‐17-‐9 1,5 39,5 38 186 North West
including 25 27 2 2 419
ZG-‐17-‐10 0 99 99 126 North West
including 43,5 99 55,5 177
including 43,5 66 22,5 240
including 51 62,5 11,5 371
including 51 54,5 3,5 493
including 61 62,5 1,5 987
including 71 79,5 8,5 359
and 203,5 205 1,5 209
ZG-‐17-‐11 1,5 15 13,5 48 NW & depth
and 86 108 22 345
including 92 97,5 5,5 816
including 102 103 1 1 244
and 307,5 310,5 3 236
and 335,3 336,6 1,3 963
Quality Control / Quality Assurance (QA/QC)
The samples were analyzed by at the independent laboratory Analyse Development Minier S.A.R.L. The core
samples are crushed to have d80 passing 2mm and afterward riffle split to have 100 grams which is
pulverized to have a pulp d80 of 75 microns Multi acid digestion and Atomic Absortion reading. Fire assay is
used for high-‐grade silver sample. The standards and blanks are in line with expected results and allow public
disclosure of the results.
Qualified Persons
The technical content of this news release has been prepared and reviewed on the basis of information received
from the ZMSM as well as personally collected during site visits by Claude Duplessis Eng. Geological Engineer
from GoldMinds Geoservices Inc, independent Qualified Person under NI 43-‐101 standards.
ABOUT MAYA
Maya Gold & Silver Inc. is a Canadian publicly listed mining corporation focused on the exploration and
development of gold and silver deposits in Morocco. Maya is initiating mining and milling operations at its
Zgounder Mine owned by ZMSM, a Maya 85% owned joint venture with l’Office National des Hydrocarbures et
des Mines of the Kingdom of Morocco (15%).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchan ge) accepts responsibility for the adequacy or accuracy of this release.
Forward-‐looking statements
This news release contains statements about our future business and planned activities. These are "forward-‐
looking" because we have used what we know and expect today to make a statement about the future. Forward -‐
looking statements including but are not limited to comments regarding the timing and content of upcoming
work and analyses. Forward -‐looking statements usually include words such as may, intend, pl an, expect,
anticipate, and believe or other similar words. We believe the expectations reflected in these forward-‐looking
statements are reasonable. However, actual events and results could be substantially different because of the
risks and uncertainties associated with our business or events that happen after the date of this news release.
You should not place undue reliance on forward -‐looking statements. As a general policy, we do not update
forward-‐looking statements except as required by securities la ws and regulations.
CONTACT INFORMATION
Maya Gold & Silver Inc.
Noureddine Mokaddem
President and CEO
+1 514-‐978-‐6111/+212 661-‐ 196-‐111
Maya Gold & Silver Inc.
Sophy Cesar
Investor Relations
514-‐866-‐2008
www.mayagoldsilver.com