Miranda Gold Corporate Presentation - November 2010

Advancing Exploration for World-Class Gold Discoveries

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.
Forward Looking Statement

Investment Profile
Creating Shareholder Value through Project Generation and
Exploration for Discoveryof World-Class Gold Deposits while sharing
exploration risk through a Joint Venture business model
Aggressive Project Generator
Exploring numerous targets for greater chance at discovery
12 projects total
10 Nevada properties
1 Colombia property
1 Alaska property
Joint Venture Business Model
7 projects actively JV’d
$ 36.4 million Market Capitalization
51.2 million shares outstanding
$10.2 million in working capital

Business Model: Project Generator / JV
Initial Exploration Expenditure
$3 – 4 M over four to five years
~$400,000 first year obligation
Partner may then elect to earn a 70% interest by:
Completing a bankable feasibility study
OR
Incurring $10M in exploration costs, at a rate of $1M per year for 10 years
Cash Payments to Miranda
$275,000 in 2009
Issuance of Stock to Miranda
Portfolio of 4 junior mining stocks

Share Structure

New Board Member: Paul van Eeden
Strengthens Board of Directors
Strategic thinker
Macro economic expert
Tough negotiator
Increases Market Visibility
Greater access to markets
Investor following from experience as broker with Global Resource Investments Ltd.
Investor following as newsletter writer and contributor to Canadian Business News Network (TV)

Major Shareholders
Total Managed & Institutional Ownership = ~40%
Global Resource Investments: 14%
Lukas Lundin: 6.7%
Adrian Day Asset Management: 6%
German High-Net Worth Investors: 5%
Taylor Fund LLC: 3.1%
Rule Family Trust: 2.9%

Discovery Potential
Increase based on takeover
AuEx (TSX-V: XAU)
Increase based on major discovery In Colombia
Increase based on good drill & sample results
Mirasol Resources (TSX-V: MRZ)
Ventana Gold (TSX-V: VEN)

Total Nevada Projects: 10

Red Canyon, NV
JV Partner: Montezuma Mines Inc. (CMQ)
Target: Carlin-style disseminated gold – big alteration system
2009 drill results: 36.28 m of 5.211 g Au/t
2010 drilling: 3,433 m in 8 holes
Results: 6.1 m of 1.714 g Au/t and 6.1 m of 2.95 g Au/t
2011 drilling: + 2,200 m in 10 holes

Ice Zone Drill Target

Red Hill, NV
JV Partner: NuLegacy Gold Corporation
Target: Carlin-style disseminated gold – on trend with major discoveries
Following up on 2006 drill hole13.7 m of 8.105 g Au/t
$500,000 work commitment in 1st 15 months
Drilling in mid-November 2010: ~1,500 m in 5 holes
CORTEZ TREND

NuLegacy’s Expanded Red Hill Target
District Consolidation
Wilson Option
Miranda JV
Barrick Option
Coal Canyon

Angel Wing, NV
JV Partner: Ramelius Resources Ltd.
Target: Epithermal vein system
Currently drilling:
~1,200 m in 8 – 10 holes
Sampling results:
Up to 92.5 g Au/t in outcrop
15.2 m of 1.609 g Au/tfrom vertical drilling

Big Blue, NV
JV Partner: Ramelius Resources Ltd.
Target: Carlin-style disseminated gold
Following up on outcrop samples containing up to 41.1 g Au/t
$250,000 work commitment in 1st year
Drilling in Q4 2010: ~900 m in 3 holes

Ester Dome Location

Ester Dome, AK
JV Partner: Agnico Eagle USA Limited
Targets:
High-grade shear zones and intrusive related gold (Ft. Knox – 8 M oz)
Following up on 1998 PDX drill hole
6 m of 91.2 g Au/t
$500,000 work commitment in 1st Year
$30,000 payment to Miranda
Sheeted Veins in
Meta-Sediments

Ester Dome, AK
IAG Targets
Grant Mine
Shear Zone Targets
Ryan Lode
Ester Creek
Fairbanks

Colombia: Frontier Jurisdiction
Currently one of the hottest areas for junior mining companies
First right of refusal on ExpoGold’s project portfolio
One project optioned - Pavo Real
Four awaiting license approval
One active joint venture – Red Eagle Mining
Terms submitted for JV on second project
Currently interviewing for Country Manager
La Colosa:13 M oz gold

Pavo Real, Colombia
JV Partner: Red Eagle Mining
$500,000 work commitment in 1st Year
Target: Distal copper/gold skarn
Surface samples up to 57 g Au/t
Air-Magnetic survey completed
Working on surface access issues
Acquiring additional concessions
Panned gold near Pavo Real

JV Drilling Forecast 2010 - 2011

2010 Accomplishments
Accomplishments
3 Nevada projects drilled – 2 Pending
Aggressive entry into Colombia – 5 new projects
Newly staked Nevada Project
Four new JV Partners including one major and one mid-tier producer
Stronger Board of Directors
Added $4M to Treasury

2010 – 2011 Outlook
Exploration Programs
7 joint ventures
2 projects under review for JV with terms submitted
~ 40,000 ft (12,192 m) of drilling in 2010-2011
Three projects already drilled – 20,500 ft (6,248 m)
Anticipate drilling at Big Blue, Ester Dome, Pavo Real, Red Canyon & Red Hill – ~21,00 ft (6,462 m)
$3.7 million in partner spending
Plus an internal exploration budget of $1.8 million in Nevada and $0.7 million in Colombia
Organizing and staffing Miranda Gold’s Colombian technical team

www.mirandagold.com

http://www.mirandagold.com	1025
http://mirandagold.com	1
http://translate.googleusercontent.com	1

Miranda Gold Corporate Presentation - November 2010

by Miranda Gold Corp. on Nov 26, 2010

Accessibility

Categories

Tags

Upload Details

Usage Rights

3 Embeds 1,027

Statistics

Miranda Gold Corporate Presentation - November 2010 — Presentation Transcript