TSX-V:MADA Sustainable Strategy for Exploration and Discovery

Forward Looking Statement This presentation contains forward-looking statements and factual information that are current as of the date the presentation was originally delivered. Miranda Gold Corp. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data. Forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of properties; future prices of mineral resources; accidents, labor disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals of financing. The qualified person for any technical information in this presentation is Ken Cunningham, President and CEO. The information in this presentation has been obtained by Miranda from its own records and from other sources deemed reliable. However, no representation or warranty is made as to its accuracy or completeness.

Investment ProfileAggressive Project Generator$15.7 Million Market Capitalization44.8 million shares outstanding$9.5 million in working capitalExploring numerous targets for greater chance at discovery12 projects total9 Carlin-style disseminated gold targets2 bonanza vein gold targets1 Spring Valley equivalent (Quartz Tourmaline Gold Model)Joint Venture Business Model8 projects actively Joint Ventured

Management TeamKen Cunningham, M.S. Geo, B.S. Geo, P. Geo President and CEO, Director 35 years experience of diversified mineral exploration21 years in NevadaJoe Hebert, B.S. Geo Vice President Exploration27 years of diversified precious metal exploration16 years in NevadaDoris Meyer, C.G.A. CFO and Corporate Secretary22 years experience in mining’s financial sectorFiona Grant, B.A. Manager, Investor Relations

Exploration TeamJoe Hebert, B.S. Geo V. P. Exploration27 years of diversified precious metal exploration Steve Koehler, B.S. Geo Senior Geologist19 years of diversified precious metal exploration Brian Cellura, M.S. Geo Senior Geologist11 years of diversified precious metal exploration Stacy Saari, M.S. Geo GIS/ACAD Specialist10 years of diversified precious metal exploration

Previous DiscoveriesMiranda’s exploration team accountable for over 25 M oz Au discovered in the Carlin and Cortez Trends

Performance HighlightsAggressive ground staking and project acquisitions1 new quartz tourmaline gold project2 new Carlin-type gold projectsFour projects drilled~27,000 ft (8,200 m) drilled$2.5 million spent on exploration by JV partnersMatched by $ 1.5 million internal exploration budget$275,000 in cash payments by JV partners

Share StructureTSX -V: MADOTCBB: MRDDFFSE: MRG58,30128,6432,8273 month average$0.21 of Every Share Covered by Cash

Growth Since InceptionShare Price Hits +$2.0010 x Return Share Price $0.40$9.5 Million in Treasury13 Properties - 7 Joint VenturesExcellent Exploration TeamGold @ $1000Share Price $0.23$0.2 Million in Treasury2 Properties – No Joint VenturesNo Technical StaffGold @ $250

Major ShareholdersAdrian Day Asset Management: + 5%Lundin Family Trust: 5%Rule Family Trust: 3.2%Front Street Capital: 2.4%Total Managed & Institutional Ownership: ~35%North America and Europe

Adrian Day Asset Management: + 5%

Lundin Family Trust: 5%

Rule Family Trust: 3.2%

Front Street Capital: 2.4%

Total Managed & Institutional Ownership: ~35%

A Unique JV Business ModelPartner “Earns in” during high-risk early drilling 60% for Spending $2-4 M over 4-5 Years “Non-Activity” Clause Protects shareholders from stalled advancementMust continue spending70% by Funding a Feasibility Study Cash Payments to Miranda$275,000 in 2009Issuance of Stock to MirandaPortfolio of 4 junior mining stocks

Joint Venture PartnershipsMontezuma Mines Inc.White Bear Resources Inc.NuLegacy Gold Corporation

Total Nevada Projects: 12

Strategic Property Positioning

Red Hill  45 ft of 0.237 oz Au/tTarget: Carlin-type disseminated goldPrevious Drill results45 ft of 0.237 oz Au/t Elevated trace elements indicative of Carlin-type systemNew JV PartnerNuLegacy Gold CorporationFirst year commitment: $500,000Drilling expected in Q2 2010

Red Canyon  85 ft of 0.046 oz Au/tJV Partner: Montezuma Mines Inc. Since 2008Phase 1 Drilling:2,300 ft drill programFollowing up one of best drill holes in Cortez Trend$500,000 spent in 2009Peer review outlined plans for Phase 2 DrillingExpected by Q2 2010`

Angel Wing  Sampling on surface up to 2.7 oz Au/t JV Partner: White Bear Resources, Inc.Pre-IPO Raising $1MTarget: Bonanza vein – low sulfidizationSediment-hosted disseminatedSample results:Up to 2.7 oz Au/t in outcrop 50 ft of 0.047 oz Au/t from vertical drillingDrilling:5,000 ft/10 holes Planned for Q4 2009

Generative Exploration TargetsUse modern technologies to help reduce riskMiranda Gold using cutting edge technologiesRemote Sensing (hyperspectral)Mercury SniffingNarrow down large areas Eliminate areas without World-Class potentialIdentify new areas for stakingSpring Valley (Midway/Barrick Gold) – Quartz Tourmaline Gold ModelLong Canyon (AuEx/Fronteer) – Emergent Carbonate PlatformsDevelop new targets on “old” propertiesIncrease holdings in major trends in Nevada (Carlin, Cortez, Eureka-Battle Mountain)Enter Frontier jurisdiction with World-Class potential

Outlook and Expected OutcomesExploration Programs6 joint ventures on 8 projects+$1.5 million inpartners spendingMatched by a $1.5 million internal exploration budget~15,000 ft of drilling in 20103 – 4 new project acquisitionsEnter new frontier region for increased opportunities for discoveryPartner with mid-tier/major mining company to reduce riskContinue executing successful Joint Venture Business ModelTargeting 3 – 4 new Joint Ventures in 2010

www.mirandagold.com