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Ed Monton

09/30/04 7:33 PM

#763 RE: FL #761

African Gold Group, Inc.: Appoints Mr. Ben Adoo as
Managing Director for Ghana Operations

TORONTO, ONTARIO--(CCNMatthews - Sept. 30, 2004) - African Gold
Group, Inc. ("AGG") is pleased to announce the appointment of
Benjamin Adoo as Managing Director of its newly created and 100%
owned Ghana subsidiary, AGG (Ghana) Limited, ("AGG Ghana").

Mr. Adoo received an Associateship of the Camborne School of Mines,
U.K in 1971 and a Master of Engineering Degree in Mineral Economics &
Production Management from McGill University, Canada in 1987. Mr.
Adoo has over three decades of mining experience in Ghana and is
recognized as one of the country's most senior mining executives. He
is a Chartered Engineer and a Member of both the British and Ghanaian
Institutes of Engineers. He has served as General Manager of Prestea,
Tarkwa, and Dunkwa Goldfields in Ghana. Most recently and for the
past 5 years, Mr. Adoo served as Managing Director of Ghana Bauxite
Co. Ltd., a subsidiary of Alcan Inc.

During the past 20 years Mr. Adoo has been associated with the Ghana
Western University (School of Mines) in the training of mining
engineers. His extensive consulting portfolio on mining policy
includes the Ghana Ministry of Mines and the Ghana Minerals
Commission. Mr. Adoo is a recent past President of the Ghana Chamber
of Mines, a position he held for 21/2 years. In September 2004 Mr.
Adoo was made an Honorary Member of Council of the Ghana Chamber of
Mines.

Based in Accra, Ghana, Mr. Adoo will primarily be responsible for the
development and strategy of AGG's growing operations in Ghana and to
establish strong relationships with mining and related entities
operating in Ghana and the West African sub-region. In addition, Mr.
Adoo will devote considerable time to the identification and
acquisition of additional precious metal properties within Ghana and
greater West Africa for AGG.

Mr. Adoo's decision to join AGG Ghana is a strong endorsement of the
quality of the people and exploration properties held within the
organization. This appointment further demonstrates AGG's commitment
and determination to build on the current foundation established
within Ghana and signals the redoubling of its efforts to acquire
additional opportunities on the African continent.

Under AGG's stock option plan, AGG has granted incentive stock
options entitling Mr. Adoo to purchase, in total, up to 125,000
shares over a five (5) year term at the exercise price of $2.00 per
share.

AGG, based in Toronto, is engaged in the identification, acquisition
and exploration of prospective gold projects in Ghana, West Africa.
The Company's immediate focus is to systematically explore both
surface and in particular, subsurface targets along the Sefwi and
Asankrangwa gold belts, two of Ghana's most prospective gold trends.

On Behalf of the Board:

Kevin J. van Niekerk

President and Chief Executive Officer

/T/

African Gold Group, Inc.
BCE Place, Canada Trust Tower,
27th Floor 161 Bay Street,
Toronto, Canada M5J 2S1
e.mail: info@africangoldgroup.com
website: www.africangoldgroup.com

/T/

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FOR FURTHER INFORMATION PLEASE CONTACT:
African Gold Group, Inc.
Michael A. Nikiforuk
Corporate Development Officer, Director
(416) 572-2225
info@africangoldgroup.com
www.africangoldgroup.com
or
The Wall Street Group, Inc.
Ron Stabiner
Vice President
(212) 888-4848
rstabiner@thewallstreetgroup.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.