Maya Gold & Silver Inc. ("Maya" or the "Corporation") (TSX VENTURE:MYA) wishes
to provide a brief update on recent developments at the Zgounder Silver mine in
Morocco and will commenced an extensive underground percussion drilling to
validate the historical mineralized block. 


In its plan for production and long term development, Maya has mandated
GoldMinds Geoservices Inc. ("GMG") to prepare independent resources calculation
with preparation of a NI 43-101 technical report.


The data compilation with validation is almost completed, mineral resource
blocks are being modeled and defined. As part of the GMG program for Maya, an
underground survey of openings using Laser scanner of the mine has been achieved
over 75% of the mine. Openings below 2000m level which is underwater were not
surveyed and surveying of not accessible galleries has being slightly postponed.
GMG is pleased with the 3D survey confirming that most of the historical
remaining mineralized blocks verified by GMG and identified by past producer
Compagnie Miniere de Touissit ("CMT") are still in place.


Maya will be undertaking an extensive underground percussion drilling program to
validate mineralized blocks for the independent certification of resources by
GMG. Exploration targets will also be tested from 2000 level east and at depth
of identified resources.


Starting in June, GMG will be following and supervising the drilling on a full
time basis, especially for the validation of mineralized blocks showing grades
in the range of 500 to 600 g/t silver.


Maya expects to complete and release new resource estimates by the end of
September of the current year. 


The technical content of this news release has been reviewed by Francois Goulet,
from Goulex and Claude Duplessis Eng. Geological Engineer from GMG, independent
Qualified Persons under NI 43-101 standards.


ABOUT GOLDMINDS GEOSERVICES

GMG is a consulting services company based in Blainville, Quebec Canada founded
by Claude Duplessis Eng. Additional information on the company is available by
visiting their website at www.goldmindsgeoservices.com.


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". 


For further information on Maya visit www.mayagoldsilver.com.

Forward-looking statements

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.


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