PPRESS RELEASE Maya Gold & Silver Surface Percussion Drilling Delivers Interesting Results at Zgounder Silver Mine Extension to Surface Confirmed
PPRESS RELEASE
Maya Gold & Silver Surface Percussion Drilling Delivers Interesting Results at
Zgounder Silver Mine
Extension to Surface Confirmed
Montréal, Québec -‐ December 4, 201 7 – Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV:
MYA) is pleased to provide the first results of its surface percussion drilling program to drill test the
extent of the northern silver mineralization at the surface. The program announced on July 6, 2017 was
delayed due to the prolonged shortage of equipment nee ded for this surface operation.
Highlights:
+ 4 meters at 469 g/t Ag within 18m at 163 g/t Ag in T28 -‐17-‐27, including 1,032 g/t Ag on 1.2m
+ 8 meters at 202 g/t Ag within 19 meters at 136 g/t Ag in T28-‐17-‐17, including 670 g/t Ag on 1.2m
*The true widths of the drill hole intersections is 90 -‐95% of the disclosed interception length.
“In line with our objective of publishing an updated of mineral resources and PEA by the end of the year,
the cut-‐off date for the last analytical results of this surface per cussion drilling program has been fixed to
December 1st 2017. The other analytical results will be integrated in 2018. This continuous drilling at
Zgounder is part of our mine development strategy . Surface diamond drilling, underground diamond
drilling as well as surface a RC drill program is being prepared with our team and an independent
consultant””, said Noureddine Mokaddem , President and CEO of Maya.
Three out of the first six holes intersected silver mineralization of interest (above 50 g/t Ag) . Click here for
the table that presents the hole parameters. Hole 13 intersected 2,4m at 55 g/t Ag, hole 14 intersected
grades in the 15 g/t Ag range, hole 25 intersected 9,4m at 30 g/t and hole 26 intersect ed 6 m at 20 g/t Ag.
Click here for the map showing the location of the surface percussion drilling program and the holes
indicated in this press release.
The Corporation is pleased with these first results; the program continues to extend the mineralization
underground in order to allow the extension near the surface in addition to the existing diamond drill hole
program and underground percussion holes.
This additional percussion program prepared by GoldMinds ("GMG") and Zgounder Millenium Silver
Mining ("ZMSM") technical team covers 260m long (E-‐W) and 100m in width (N-‐S). It is located in the
north portion of the TALAT NOUNA Talweg. There are 18 stations with three up dip holes per station with
azimuth ranging N70 to N350 for 54 holes with targeted length of 20 meters for an expected total of
1,080m.
Click here for the tables present ing the detailed results of the best two holes. It can be seen that a second
analysis has been taken and show the repeatability of the pulp analysis. These results are provided by the
Mine laboratory at Zgounder.
Quality Assurance / Quality Control (QA/QC)
These results are produced at the mine laboratory which includes of blanks and standards as normal
control procedures. External independent samples will be taken as part of the new program for the
mineral resource update of 2017. The results are considered to be reliable for disclosure as laboratory
procedures and QA/QC was reviewed in previous assignment.
Qualified Persons
The technical content of this news release has been prepared and reviewed based on the information’s
received from the ZMSM 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 Exchange) 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, plan, 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 laws 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