West Africa Gold Inc. Announces Forward Split of Its Stock

West Africa Gold Inc. Announces Forward Split of Its Stock
Company to Forward Split Shares on a 1 for 10 Basis 


NEW YORK, May 7  /PRNewswire-FirstCall/ -- West Africa Gold Inc.  (BULLETIN
BOARD: WAGI)  announced today that its Board of Directors has approved a 10-1
forward split of the Company's issued and outstanding shares. The forward split
will be effective Monday May 10, 2004.

The stock split will entitle each stockholder of record to receive nine
additional shares for every share of the Company's stock held at the close of
business on the record date of May 10, 2004.  The new shares will be registered
on the books of the Corporation maintained by Computershare Trust Company Inc
at the opening of business on May 10, 2004.

About West Africa Gold Inc:

West Africa Gold Inc., http://www.westafricagold.com/, has acquired a 70%
interest in the Toubikoto (Gold), Manianguiti (Gold), In Darset (Gold, Base
Metals), Anefis (Gold, Base Metals) and Touban (Nickel, Copper PGE's) mining
properties.  The properties are located in diverse geographic locations
throughout Mali.  In aggregate, the properties total over 500 square kilometers
(approximately 193 square miles).  The Geological Resource Evaluation on the
properties indicates a potential Inferred Geological Resource of at least
3,000,000 ounces of gold.  The Company will continue to explore the various
rights and potential new targets.

About Mali, West Africa

Mali is a landlocked country of 1,240,190 square kilometers (approximately
478,835 square miles), which is roughly, double the size of Texas, or five
times the size of the United Kingdom.  It borders on Algeria to the north,
Niger and Burkina Faso to the east, Cote d'Ivoire and Guinea to the south,
Senegal and Mauritania to the west.  During 2001, Mali produced approximately
1.7 million ounces of gold at a cash cost less than US $160 per ounce.  Mali is
thought to have in excess of 350 tons of recoverable gold and is recognized as
having enormous potential for further gold discoveries. Mali is currently the
third largest Gold producer in Africa.

Statements contained in this press release, which are not historical facts, are
forward-looking statements as that term is defined in the Private Securities
Litigation Reform Act of 1995.  These forward-looking statements are based
largely on the Company's expectations and are subject to a number of risks and
uncertainties beyond the Company's control, including but not limited to
economic, competitive and other factors affecting the Company's operations,
management team effectiveness, expansion strategies, available financing,
market prices and recovery costs, government regulations involving the Company,
facts and events not known at the time of this release, and other factors
discussed in the Company's filings with the Securities and Exchange Commission.

These statements are not guarantees of future performance and readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date of this release.  The Company undertakes no
obligation to update publicly any forward-looking statements.

This release was issued through Major Newswire (http://www.majornewswire.com/) 

DATASOURCE: West Africa Gold Inc.



CONTACT:  Equity Alliance International, [phone], for West Africa

Gold Inc.



Web site:  http://www.majornewswire.com/ 

Web site:  http://www.westafricagold.com/ 

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