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Advancing Exploration for
            World-Class Gold Discoveries
            Nevada - Colombia - Alaska
April-May, 2012
                                     www.mirandagold.com
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.
                                                                                                    1
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


                                                                          3
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
                                                                              4
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
                                                                                      5
    Ticker Symbols          Daily Vol (3 Mth Ave as of Apr 15)
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)
                                                                  6
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
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
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


                                                     9
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

                                                                                    10
Miranda’s Red Hill
                Next off-set mineralized zone in the
                           Cortez Trend?




Barrick’s new discovery




                                                   11
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)
                                      12
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




                                                                      13
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




                                                                         14
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


                                    15
Ester Creek, Alaska

• Fairbanks’ District has produced +6M oz gold
• Active placer mines adjacent to Ester Dome




                                                 16
JV Partner: Red Eagle

5,000 m of core drilling in
progress

500 surface rock samples
average 4.1 g Au/t




                              17
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
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
                                                                                                                                                   19
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
                                                                20

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Corporate presentation

  • 1. Advancing Exploration for World-Class Gold Discoveries Nevada - Colombia - Alaska April-May, 2012 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. 1
  • 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 3
  • 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 4
  • 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 5 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) 6
  • 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 9
  • 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 10
  • 11. Miranda’s Red Hill Next off-set mineralized zone in the Cortez Trend? Barrick’s new discovery 11
  • 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) 12
  • 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 13
  • 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 14
  • 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 15
  • 16. Ester Creek, Alaska • Fairbanks’ District has produced +6M oz gold • Active placer mines adjacent to Ester Dome 16
  • 17. JV Partner: Red Eagle 5,000 m of core drilling in progress 500 surface rock samples average 4.1 g Au/t 17
  • 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 19
  • 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 20