Maya Gold & Silver Inc.
TSX VENTURE : MYA

Maya Gold & Silver Inc.

December 08, 2010 10:07 ET

Maya Gold & Silver: NI43-101 Technical Report to Be Filed on December 21, 2010

MONTREAL, QUEBEC--(Marketwire - Dec. 8, 2010) - Maya Gold & Silver Inc. ("Maya" or the "Company") (TSX VENTURE:MYA) would like to inform that unlike what was previously stated in its latest press release, it is now anticipated that filing of the NI 43-101 technical report on the initial resources of its Amizmiz project in Morocco, will be filed on or before December 21, 2010.

Due to unforeseen circumstances, the Company was not able to meet the filing deadline requirement of December 3, 2010. The Company has appointed, Mr. Michel Boily, PhD., P. Geo. Qualified Person under NI43-101 standards, to validate the resource estimate calculation prepared by a Non-Independent Qualified Person, Luc Lamarche, P.Geo, consultant of the Company and announced by the Company on October 19, 2010.

ABOUT MAYA

Maya Gold & Silver Inc. is a Canadian Mining Company, listed on the TSX Venture, which focuses on the exploration and development of gold and silver deposits. The Company is committed to developing and adding value to its primary property, Amizmiz gold and silver project in Morocco.

For further information on Maya visit www.mayagoldandsilver.com or contact:

Forward-looking statements

Except for statements of historical fact, all statements in this news release, without limitation regarding new project acquisitions future plans and objectives are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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