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MONTREAL, QUEBEC--(Marketwire - Oct. 7, 2009) - MAYA GOLD & SILVER (TSX VENTURE:MYA) is pleased to announce high-grade gold results from its surface channel sampling program on its Amizmiz gold and silver project in Morocco.

Recent mapping (approximately 350 metres south from AZ and T zones where low grade-bulk tonnage and high grade layer type deposits have been identified) has led to the localisation of three more showings.

The AZS-1, AZS-2 and AZN zones have been partly stripped and channel sampled. The mineralized zones appear again to be long stratabound layers.

• On the AZS-1 zone, 8 channel samples were collected over a length of 16 m and returned an average grade of 11.9 g/t Au and 21.9 g/t Ag (including 30.90 g/t Au and 60 g/t Ag over 1.60 metre) on an average width of 1.7 metre.

• On the AZS-2 zone, 5 channel samples were collected over a length of 9 m and returned an average grade of 25.1 g/t Au on an average width of 0.87 metre (including 31.69 g/t Au over 1 metre).

• On the AZN zone, 11 channel samples were collected over a length of 16m and returned an average grade of 12.3 g/t Au and 33.7 g/t Ag on an average width of 0.54 m (including 69.33 g/t Au and 47 g/t Ag over 0.45 metre).

These zones are situated approximately 1.1 km east of TRNA which returned values of 26.16 g/t Au over 0.98 metre, followed over a stripped length of 34 metres and TRNC, which gave 9.46 g/t Au over 1.68 metre followed over a stripped length of 19.55 metres (see press releases dated August 18 ([ http://www.marketwire.com/press-release/Maya-Gold-and-Silver-Inc-TSX-VENTURE-MYA-1031929.html ]) and September 1 ([ http://www.marketwire.com/press-release/Maya-Gold-and-Silver-Inc-TSX-VENTURE-MYA-1038378.html ]), 2009).

Complete channel results of the AZS-1, AZS-2 and AZN showings are available in the annexed table, at the following address:
[ http://www.mayagoldsilver.com/docs/Sampleresults_AZS_Zones.pdf ]

Samples were prepared and assayed at Laboratoire Reminex (ISO 9000) at Guemassa, Morocco. All analysis reported above were obtained by standard fire assaying-AA and gravimetric finish. Systematic assaying of standards and blanks was performed for precision and accuracy.

Mr. Christian Derosier, P. Geo, is the Company's Qualified Person for the Amizmiz project and has reviewed the content of this release.

ABOUT MAYA

Maya Gold & Silver Inc. is a Canadian mining company newly listed on the TSX Venture Exchange which focuses on the research of gold and silver deposits.

For further information on Maya visit [ www.mayagoldandsilver.com ]

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.

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.