Corporate Presentation - October 2012


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Corporate Presentation - October 2012

  1. 1. TSX.V: MAD Why Miranda Gold makes sense in today’s market www.mirandagold.comOctober 2012
  2. 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. 2
  3. 3. Why Consider Owning Miranda Partners drilling 7 projects in 2012 = news flow throughout the year 3 projects to be drilled in 4th Qtr 2012 1 drill hole or a discovery could dramatically effect share price Partners expected to spend $5+M on 9 projects in 2012 = 9 lottery tickets $4.8 M in treasury ~ 2 years at current annual burn rate Strong technical team working in world-class gold districts Newly announced Strategic Alliance in Colombia with Agnico-Eagle 3
  4. 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 Joint Venture Project Generator Business Model ♦ Exploring numerous ♦ 7 projects in Joint targets for Ventures greater chance at discovery $15.9 million Market Capitalization 15 projects total ♦ 12 Nevada 53.0 million shares properties outstanding 4
  5. 5. Share Structure Share Issued 53,074,452 Options 8,162,000 Warrants 1,200,000 (ave. price $0.72) Fully Diluted 62,436,452 Recent Share Price $0.30 high/low ($0.56/$0.24) Market Capitalization $15.9 million Cash Position $4.8 million Annual Burn Rate $2.5 million TSX-V: MAD 23,000 at $0.30 OTCBB: MRDDF 13,300 at $0.30 Ticker Symbols Daily Vol (3 Mth Ave as of Aug 30) 5
  6. 6. 2012 TSX.V: MAD Share Price 6
  7. 7. 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) 7
  8. 8. Business Model: Project Generator / JV Minimizes high risk of exploration Conserves treasury-minimizes shareholder dilution Provides investors numerous chances to participate in a discovery Leverages success by using other people’s money Requires patience and a long-term focus 8
  9. 9. Exploration Team• Miranda’s exploration team: Involved in over 10 Nevada discoveries Totaling over 30 M oz gold Cortez Hills, Red Hill/Gold Rush, Ren, Nike, Jerritt Canyon• Elko Office 4 Staff geologist (120 years experience)• Medellin Office 3 Colombian geologists (30 years experience)
  10. 10. Significant Shareholders Total Retail, Managed & Institutional Ownership = ~45%  Global Resource (Sprott) Investments: 14%  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% 10
  11. 11. Total Nevada Projects: 12 Active JVs: 5 • Red Hill • Red Canyon • Coal Canyon • Angel Wing • TAZ Available: 7 • Iron Point • East Spruce Mtn • Redlich • Rook • HOG • Big Blue • Fuse 11
  12. 12. Cortez Camp – Nevada’sMost 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? More drilling needed to off-set: 13.7 m of 8.12 g Au/t in hole BRH-13 10
  13. 13. Miranda’s Red Hill Next off-set mineralized zone in the Cortez Trend?Barrick’s new discovery 13
  14. 14. Angel Wing, NevadaJV Partner: Ramelius Resources Ltd.Target: Epithermal vein system2012 drill results: ♦ 16.7 m of 1.6 g Au/t including: 1.5 m of 14.2 g Au/t ♦ 27.4 m of 0.65 g Au/tPhase 3 drilling in 4th Quarter 14
  15. 15. Colombia Update Finalizing lease on new project Pavo Real Status Strategic Alliance with Agnico-Eagle 15
  16. 16. New ProjectLease with Colombian landowners$10,000 on signing and $80,000 upon issue of licensePotential JV partner once license is issuedLocated in the Middle Cauca gold beltEpithermal stockwork gold mineralization in 2Mavolcanic rocksSurface samples up to 4 g Au/t & 30 g Ag/t 16
  17. 17. Area of Focus:Middle Cauca Gold Belt 27.5 Million Ounces Gold in Middle Cauca and Antioquia Batholith New Project between Marmato and Quinchea 17
  18. 18. Pavo Real 2012 Pavo Real Drill ProgramJV with Red Eagle MiningUntested target areas Cruzada Adits 30m of 2.34g Au/t 11m of 1.32g Au/tHydrothermal Brecciatrench samples from1g to 21g Au/t Q.Virgen Adit 4m of 4.5g Au/t 2012 Pavo Real Drill Program
  19. 19. Miranda Generative: Gold Occurrenceswithin 12 km of “Intrusive Boundary” 280 km “Prospective” Belt outside of Cauca Belt and between Marmato and La Colosa Probably reflecting Arc (Orogen) Parallel Structural Zones and Edge of Craton 19
  20. 20. Strategic Alliance in ColombiaSigned Letter of Intent with Agnico-EagleDefinitive agreement by end of SeptemberProject Generation in Colombia3 year commitmentAnnual minimum funding of $1M$700,000 Agnico/$300,000 MirandaMiranda operates 20
  21. 21. Strategic Alliance in ColombiaAgnico has 1st Right on any projects acquiredProvides a built-in JV partner for new projects“Designated Properties” become Earn-In JV projectsAgnico can earn a 70% interest in “DesignatedProperties” by funding to a positive Feasibility StudyAllows Miranda to be more aggressive in Colombia$2.1 M non-dilutive financing in a tough market
  22. 22. TSX.V: MAD 2012 Outlook & Potential Catalysts 7 projects in continued partnerships into 2013 ~ $5-6 million in partner spending during 2012 7 projects to be drill tested in 2012 4th Quarter drilling at: Red Canyon – Red Hill – Angel Wing Continuous news flow thru end of year Anticipate new Colombian/Nevada projects and joint ventures Finalizing a Strategic Alliance in Colombia with Agnico-Eagle 22