Miranda Gold Corp. is a prospect generator company exploring for gold in Nevada and Colombia. It uses a joint venture model to share exploration risk. Some of its key Nevada projects near major gold trends and deposits include Red Hill near Cortez Hills and Angel Wing. In Colombia, it has a strategic alliance with Agnico Eagle Mines to generate projects, including initial work on Cerro Oro between two multi-million ounce deposits. Miranda's exploration team has been involved in numerous discoveries totaling over 60 million ounces of gold. The company is well funded with $8.5 million in working capital from its recent oversubscribed financing.
Endeavour Silver Corp. (NYSE: EXK, TSX: EDR, FRANKFURT: EJD) is a mid-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted seven consecutive years of aggressive silver production and resource growth. The organic expansion programs now underway at Endeavour's two operating silver mines in Mexico combined with its strategic acquisition program should help Endeavour achieve its goal to become a premier, mid-tier silver mining company.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The mine is a high-grade, epithermal gold and silver deposit, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine.
http://pwc.to/UChIYB
Selon la dernière édition de l’étude « Global Gold Price Report » de PwC, menée auprès des 46 plus grandes sociétés aurifères cotées à la bourse de Toronto (TSX), l’année 2013 s’avère prometteuse, avec une hausse des cours attendue par 80% des personnes interrogées.
Endeavour Silver Corp. (NYSE: EXK, TSX: EDR, FRANKFURT: EJD) is a mid-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted seven consecutive years of aggressive silver production and resource growth. The organic expansion programs now underway at Endeavour's two operating silver mines in Mexico combined with its strategic acquisition program should help Endeavour achieve its goal to become a premier, mid-tier silver mining company.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The mine is a high-grade, epithermal gold and silver deposit, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine.
http://pwc.to/UChIYB
Selon la dernière édition de l’étude « Global Gold Price Report » de PwC, menée auprès des 46 plus grandes sociétés aurifères cotées à la bourse de Toronto (TSX), l’année 2013 s’avère prometteuse, avec une hausse des cours attendue par 80% des personnes interrogées.
1. TSX.V: MAD
Prospect Generator
in
Nevada and Colombia
March 2013 www.mirandagold.com
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
Strong treasury and shareholder base
Strong technical team exploring in world-class gold districts
Strategic Alliance in Colombia with Agnico-Eagle
Partners projected to spend ~$2.75M on 4-6 projects in 2013
One drill hole away from a Discovery
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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
♦ Exploring numerous targets for
$15.5 million Market Capitalization
greater chance at discovery
74.0 million shares outstanding
17 projects total
♦ 14 Nevada properties $8.5 million in working capital
♦ 3 Colombia properties
Recent share price $0.20 to $0.24
Joint Venture Business Model
♦ 5 projects in Joint Ventures 4
5. Share Structure
Share Issued 73,940,252
Options 6,937,000 ($0.305 to $0.56)
Warrants 20,935,800 ($0.375 to $0.50)
Fully Diluted 101,813,052
Recent Share Price $0.21 high/low($0.41/$0.19)
Market Capitalization $15.5 million
Cash Position $8.5 million
Annual Burn Rate $2.5 million
TSX-V: MAD (3-month average volume) 59,000
OTCBB: MRDDF 27,000
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6. Recent Financing – December 2012
Oversubscribed by 67%
Raised $5 million in difficult market
Priced at $0.25 with a 5-yr warrant
Warrants at $0.375 for first 2-yrs then at $0.50 for last 3-yrs
Sprott Global was lead order (40%)
Other major participants
• Raymond James 14%
• Trimark Capital 10%
• Orphan Fund 10%
• Management 9%
• Adrian Day Mgt 8%
• Redplug Captial 5%
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7. Significant Shareholders
Total Retail, Managed & Institutional Ownership = ~50%
Sprott Global Resources: 18%
Management: 6%
Raymond James: 6%
Adrian Day Asset Management: 6%
Orphan Fund: 5%
Trimark Capital: 3%
Polar Capital: 2%
Rule Family Trust: 2%
Taylor Fund: 1% 7
8. Exploring in World Class Areas
Nevada
• Carlin and Cortez gold trends
• New 20 million ounce discovery at Goldrush
• 8% of annual world gold production
• ranked #4 in world gold production
Colombia
• Least explored country in South America
• Best gold endowment in South America
• Hottest area for junior companies
• 96 million ounces discovered in last ~10 years
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9. Business Model: Project Generator / JV
Minimizes high risk of exploration
Conserves treasury and preserves share structure
Provides investors numerous chances to participate in
a discovery
Leverages success by using other people’s money
Requires patience and a long-term focus 9
10. Miranda’s Exploration Team
• Miranda’s exploration team:
Involved in over 10 Nevada discoveries
Totaling over 60 M oz gold
Cortez Hills, Goldrush, Ren, Nike, Jerritt Canyon
• Elko Office
5 Staff geologist (120 years experience)
• Medellin Office
3 Colombian geologists (35 years experience)
12. 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?
More drilling needed to off-set:
13.7 m of 8.12 g Au/t in hole BRH-13
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13. WNW En Echelon Positioning of
Mines and Discoveries in the
Cortez District
14. Angel Wing, Nevada
JV Partner: Ramelius Resources Ltd.
Target: Epithermal vein system
Budget: +$750,000
2012 drill results:
♦ 1.5m of 14.2 g Au/t
♦ 1.5 m of 10.6 g Au/t
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16. Strategic Alliance in Colombia
Exploration Agreement with Agnico-Eagle
Project Generation in Colombia
3-year commitment
2013 funding of $1.1M
$770,000 Agnico - $330,000 Miranda
Miranda operates
Equals a $2.3M non-dilutive financing 16
17. Cerro Oro – Colombia
$10,000 on signing lease with owners
JV partner identified
Middle Cauca gold belt
Stockwork gold system
Samples:4 g Au & 30 g Ag
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18. Cerro Oro and Recent Discoveries and
Resources in Middle Cauca Gold Belt
50 Million
Ounces Gold
in Middle Cauca
and Antioquia
Batholith
Cerro Oro
Cerro Oro
between
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Marmato and
Quinchea
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19. Pavo Real
2012 Pavo Real Drill Program
JV with Red Eagle Mining
Untested target areas
$680,000 budget in 2013
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
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