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News Releases
 November 17, 2003
World Beater Drilling Continues to Extend High Grade Mineralized Zone

 MBA Gold Corp. (TSX Venture: MBA-V) has received additional assay results from its current drill program on its World Beater gold property which covers approximately 1750 acres and is located in a historic mining district west of Death Valley in Inyo County, Southern California.

MBA Gold Corp. is nearing completion of a reverse circulation drill program of approximately 8,000 feet on its World Beater Gold Project with the objective to both extend two known areas of gold mineralization and upgrade the total present resource inventory from an indicated and inferred classification to that of measured. This is the first phase of an advanced exploration program with the objective of determining the presence of sufficiently high grade gold reserves to economically justify the establishment of an underground gold mine operation.

Results for a step-out drill hole (M-16A) have shown the extension of the high grade mineralized zone found within a stratabound exhalite unit. This zone forms the southern, open ended portion of a larger high grade gold resource which has been the focus of infill drilling by MBA Gold Corp. (see News Release: November 3, 2003). The zone has now been extended for a down dip distance of approximately 360 feet into Hope Canyon from the last fence line drilled by Compass Minerals in 1997. A second stratabound exhalite zone approximately 1600 feet to the west is also the subject of infill drilling. Assay results for additional drill holes that will further test the continuity and strike extension of both these zones are pending.
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                     EXTENSION DRILLING
   DRILL HOLE NO.      INTERSECTION   
                    DEPTH    LENGTH            GRADE
--------------------------------------------------------------
        M-16A     feet      feet  meters    oz/t*  g/ton**
DIP   -60 deg.    255  260   5.0    1.52     .667  22.767
--------------------------------------------------------------

*troy oz/short ton; **grams/tonne

The previous resource estimate of 620,000 tons at a grade of 0.228 oz Au/ton and a cutoff of 0.07 oz Au/t (reported in an NI 43-101 report completed by Mine Development Associates of Reno, Nevada; February 4, 2003) will be updated following completion of the present drill program expected mid-November, 2003.

Mr. S. Ristorcelli, Principal Geologist of Mine Development Associates, an independent qualified person, has reviewed the contents of this press release.

MBA Gold Corp. is a precious metals development company whose strategy is to acquire a portfolio of resource properties that have indicated mineral resources and require further exploration or development work. MBA Gold will add value to these projects by providing capital, exploration expertise and where justified, development and production planning.

For more information, contact either Dr. Peter Guest or Mr. Cam White at 604 707 0373, or Coal Harbor Communications at 604-662-4505 or 877-345-3399.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the accuracy or the adequacy of this press release.

Visit our website at www.mbagold.com
 
 

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