Renewal of the Five Permits of the Amizmiz Project, Morocco

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Renewal of the Five Permits of the Amizmiz Project, Morocco

posted on Nov 24, 2011 06:18PM

Maya Gold & Silver Inc.:

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MONTREAL, QUEBEC--(Marketwire - Nov. 24, 2011) -
Maya Gold & Silver Inc. ("Maya" or the"Corporation) (TSX VENTURE:MYA) report today that following the regulatory investigation conducted by the Ministcre de l'Energie, des Mines, de l'Eau et de l'Environnement du Maroc (Moroccan Mining Authorities) the renewal of the five permits covering the Amizmiz project has been approved. Permits PE183200, PE18201, PE183202 and PE183203 are valid until May 16, 2015 and Permit PEI83208 (Azegour Mine) is valid until July 16, 2015.

ABOUT MAYA

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

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

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