2. 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.
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3. Why Consider Owning Miranda
Currently drilling (4 rigs) 3 projects = news flow throughout the year
1 drill hole or a discovery could dramatically effect share price
Partners expected to spend $5-7M on 9 projects in 2012 = 9 lottery tickets
$6.3 M in treasury = ~2.5 years at current annual burn rate
Strong technical team working in world-class gold districts
Potential Strategic Alliance in Colombia
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4. Investment Profile
Creating Shareholder Value through Project Generation and
Exploration for Discovery of World-Class Gold Deposits
while sharing exploration risk through a Joint Venture business model
Aggressive Project Generator Joint Venture Business Model
♦ Exploring numerous targets for ♦ 9 projects in Joint Ventures
greater chance at discovery
$18.0 million Market Capitalization
16 projects total
♦ 13 Nevada properties 53.0 million shares outstanding
♦ 2 Colombia properties
$6.0 million in working capital
♦ 1 Alaska property
$0.3 million in equities
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5. Share Structure
Share Issued 52,974,452
Options 6,587,000 (ave. price $0.48)
Warrants 1,200,000 (ave. price $0.72)
Fully Diluted 60,761,452
Recent Share Price $0.34
Market Capitalization $18.0 million
Cash Position $6.3 million
Annual Burn Rate $2.7 million
TSX-V: MAD 67,000
OTCBB: MRDDF 34,000
FSE: WKN 900519 (MRG) 2,000
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Ticker Symbols Daily Vol (3 Mth Ave as of Apr 15)
6. Exploring in World Class Areas
Nevada
• Carlin and Cortez gold trends
• 8% of annual world gold production
• ranked #4 in world gold production
Colombia
• Least explored country in South America
• Hottest area for junior companies
• 3 new +10 Million ounce discoveries in last 10 years
Alaska’s Fairbanks District
• Tintina gold-belt in Yukon and Alaska
• 9M ounces of historical local placer gold production
• Fort Knox (8M oz) and Livengood (13M oz)
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7. Business Model: Project Generator / JV
Minimizes high risk of exploration
Conserves treasury-minimizes shareholder dilution
Provides investors numerous chances to participate in
a discovery (lottery tickets)
Leverages success by using other people’s money
Requires patience and a long-term focus 7
8. Significant Shareholders
Total Retail, Managed & Institutional Ownership = ~50%
Global Resource (Sprott) Investments: 14%
Lukas Lundin: 6.7%
Adrian Day Asset Management: 6%
Management: 6%
High Net Worth German/Swiss: 7%
Stephens Investment Management: 3.8%
Taylor Fund: 3.1%
Rule Family Trust: 2.9% 8
9. Total Nevada Projects: 13
Active JVs: 6
• Red Hill
• Red Canyon
• Coal Canyon
• Angel Wing
• Big Blue
• TAZ
Available: 7
• Iron Point
• East Spruce Mtn
• Redlich
• Rook
• HOG
• PPM
• Fuse
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10. Cortez Camp – Nevada’s
Most Recent World Class Discovery
Barrick’s Cortez Camp: 42M oz (Pipeline, Cortez Hills & the Goldrush discovery)
Miranda’s team: involved in the discovery of Cortez Hills and Goldrush
Joe Hebert: Discovered Goldrush using “predictive geology”
Concept: En-echelon structural pattern and spacing to deposits
Red Hill Project: Next Discovery?
Deep Drilling: 2-4 holes to off-set BRH-13
13.7 m of 8.12 g Au/t in hole BRH-13
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11. Miranda’s Red Hill
Next off-set mineralized zone in the
Cortez Trend?
Barrick’s new discovery
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12. Big Blue, Nevada
JV Partner:
Ramelius Resources Ltd.
Target: Carlin-style disseminated
gold
Following up on outcrop samples
containing
up to 1.2 oz Au/t
2011 Results:
0-30 m 30 m of 0.75 g Au/t
14-31 m 17 m of 0.86 g Au/t
2012: 500 m in 3 holes (drilling in
progress)
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13. Red Canyon, Nevada
JV Partner: Montezuma Mines Inc.
Target: Carlin-style disseminated gold big alteration system
2011 Results: 6.1 m of 7.03 g and 9.1 m of 3.93 g Au/t
2012: $776,000 drill program
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14. Angel Wing, Nevada
JV Partner: Ramelius Resources Ltd. Drilling began October 16, 2010:
Target: Epithermal vein system
♦ 4,700 ft in 8-10 holes
2011 drill results:
♦ 1.5 m of 147 g Ag/t
♦ 4.57 m of 1.95 g Au/t
2012: deeper testing of system
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15. Ester Dome, Alaska
JV Partner: Agnico Eagle USA Ltd.
8,000 acres on state owned land
Targets:
♦ High-grade shear zones
& intrusive related gold
(Ft. Knox – 8 M oz)
(Livengood – 13 M oz)
Following up on 1998 PDX
drill hole:
♦ 6.0 m of 92.6 g Au/t
2011: 6 core holes – 1,287 m
Numerous zones of 0.3-0.9 g Au/t
2012: $700,000 drill program
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16. Ester Creek, Alaska
• Fairbanks’ District has produced +6M oz gold
• Active placer mines adjacent to Ester Dome
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17. JV Partner: Red Eagle
5,000 m of core drilling in
progress
500 surface rock samples
average 4.1 g Au/t
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18. 2012 Pavo Real Drill Program
Cruzada Adits
30m of 2.34g Au/t
11m of 1.32g Au/t
Hydrothermal Breccia
trench samples from
1g to 21g Au/t
Q.Virgen Adit
4m of 4.5g Au/t
2012 Pavo Real Drill Program
19. 2012 JV Partner
Drilling/Spending Forecast
Active JV's Planned Drilling Other Budget
Yrs on
Project Partner Project Location Phase I Start Total $
# holes meters
Red Canyon Montezuma 4 Nevada 8 2,900 May $776,250
*minimum budgets
Angel Wings Ramelius 3 Nevada 4 1,000 June $270,000* pending results
add $500,000 and
Big Blue Ramelius 2 Nevada 3 1,200 April $270,000*
$350,000
Red Hill NuLegacy 3 Nevada 8 4,200 April $1,050,000
Coal Canyon NuLegacy 2 Nevada 1 500 August Incl w RH
Taz Navaho Gold 2 Nevada 0 Rock Sampling June $25,000
Ester Dome Agnico-Eagle 2 Alaska 8 1,800 July $700,000
Pavo Real Red Eagle 2 Colombia 8 5,000 January $2,153,000
Cajamarca Red Eagle 2 Colombia 0 Sampling January $200,000
**pending finalizing
Colombian Alliance ? 1 Colombia 0 Project Generation May $770,000** alliance
2012 Totals 6 partners 9 projects 3 areas 40 16,600 $6,214,250
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20. 2012 Outlook
9 projects in continued partnerships
~ $5-7 million in partner spending
7 projects to be drill tested
Off-set Red Hill drill hole BRH13 (13.7 m of 8 g Au/t)
Continuous news flow due to early drill starts
Anticipate new Colombian/Nevada projects and joint ventures
Finalizing a Strategic Alliance in Colombia
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