Maya Gold & Silver Has Extended a New Zone to the East by Diamond Drill Hole Supported by Independent Assay of 337 g/t Ag at Zgounder Silver Mine

Maya Gold and Silver Inc.

BLAINVILLE, QUEBEC--(Marketwired - June 21, 2017) - Maya Gold & Silver Inc. ("Maya" or the "Corporation") (TSX VENTURE:MYA) is pleased to announce results supported by QP independent sampling of 3 samples of entire 1m length witness core report silver with grades of 53, 111 and 337 g/t Ag. This shows the discovery of an extension of a new zone to the East. The above numbers are an average of 3 individual 15 grams Fire assay from Fan diamond drill hole ZG-EXT6-17-S2 & S4. For the Eastern portion of property, a decision has been made to analyse the mineralized zones log as mineralized by Fire assay while the remaining will use the existing mine laboratory procedure. Moreover, additional preparation equipment is scheduled to be put in place next week including a new crusher and grinder to increase the performance. Additional information will be provided once received, validated, and compiled.