Inauguration CeremonyZgounder Silver Mine

MoroccoSeptember 20, 2014

Zgounder Millenium Silver Mining Inauguration Ceremony – September 20, 2014

In the middle - Mr., Noureddine Mokaddem, President, Guy Goulet, CEO of Maya Gold & SilverMr. Abdelkader Amara, Minister of Energy, Mining, Water and Environment and Mr. Fouad M'Hamdi Governor of Taroudant

Mr. Abdelkader Amara, Minister of Energy, Mining, Water and Environment andMr. Noureddine Mokaddem, President of Maya Gold & Silver Inc.

Mr. Réjean Gosselin, Chairman of Maya Gold & Silver, Mr. Abdelkader Amara, Minister of Energy, Mining, Water of Morocco and Mr. Nouredine Mokaddem, President of Maya G&S.

Mr. Guy Goulet, CEO of Maya Gold & Silver, Mr. Abdelkader Amara, Minister of Energy, Mining, Water of Morocco, and Mr. Noureddine Mokaddem, President of Maya G&S.

René Branchaud, John Booth both directors of Maya Gold & Silver Inc.,Abdelkader Amara, , Minister of Energy, Mining, Water of Morocco withNoureddine Mokaddem, President of Maya G&S

The Minister of Energy of Morocco with some executive staff of Zgounder Millenium Silver Mining

Fouad M'Hamdi Governor of Taroudant, Abdelkader Amara, Minister of Energy, Mining, Water and Environment and Noureddine Mokaddem, President of Maya Gold & Silver

Noureddine Mokaddem, President of Maya Gold & Silver, Fouad M'Hamdi Governor of Taroudantand Abdelkader Amara, Minister of Energy, Mining, Water and Environment

Noureddine Mokaddem, President of Maya, Abderrahim El Hafidi, General Secretary of Ministry of Energy, Mining, Water and Environment, Fouad M'Hamdi Governor of Taroudant, Abdelkader Amara Minister of Energy, Mining, Water and Environment

Noureddine Mokaddem, President of Maya, , Abdelkader Amara Minister of Energy, Mining, Water and Environment , Fouad M'Hamdi Governor of Taroudant and Abderrahim El Hafidi, General Secretary of Ministry of Energy, Mining, Water and Environment

Mr. Noureddine Mokaddem, President of Maya Gold & SIlver

Fouad M'Hamdi Governor of Taroudant, Noureddine Mokaddem, President of Maya Gold & SIlver and Abdelkader Amara Minister of Energy, Mining, Water and Environment