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News Releases
 May 04, 2004

 MBA Gold Corp. (TSX Venture: MBA-V) today announced appointment of Gregory B. Maynard as the Company's Chief Exploration Geologist. Mr. Maynard holds a MSc. in geology from Queens University and brings to MBA Gold over 20 years of project development and management experience in North, Central and South America as well as Eastern Europe.

Mr. Maynard will immediately assume responsibility for overseeing the Company's North American exploration activities. Additionally, Mr. Maynard will play an important role in MBA Gold's strategy of acquiring new mining projects that will add substantial incremental value to the Company.

"Greg Maynard will be a tremendous addition to our team at this pivotal stage of the Company's development," stated Cam White, President of MBA Gold. "His exploration activities have contributed to the discovery of a number of commercial deposits, including one raw South American prospect that he identified for a client that was developed and subsequently sold for over $700 million as a +5,000,000 ounce deposit."

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 Mr. Cam White at 604-707-0373.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the accuracy or the adequacy of this press release.

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