PDAC 2012 booklet

www.mirandagold.com

Advancing Exploration for

World-Class Gold Discoveries

Nevada - Colombia - Alaska February 26, 2012

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

1

Why Consider Owning Miranda

Currently drilling in Colombia = news flow all year

1 drill hole or a discovery could dramatically effect share price

Attractive price relative to treasury and partner spending

Partners will spend ~$7M drilling 8 projects in 2012

$6.5 M in treasury = ~2.5 year at current annual burn rate

Annual burn is leveraged 2.6:1 by partner spending

Strong technical team working in world-class gold districts

2

Investment Profile

Aggressive Project Generator

♦ Exploring numerous targets for

greater chance at discovery

16 projects total

♦ 13 Nevada properties

♦ 2 Colombia properties

♦ 1 Alaska property

Joint Venture Business Model

♦ 9 projects in Joint Ventures

$18.0 million Market Capitalization

53.0 million shares outstanding

$6.5 million in working capital

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

3

Share Structure

Share Issued 52,974,452

Options 6,722,000

Warrants 6,886,492

Fully Diluted 66,583,944

Recent Share Price $0.34

Market Capitalization $18.0 million

Cash Position $6.5 million

Annual Burn Rate $2.7 million

TSX-V: MAD 119,000

OTCBB: MRDDF 50,000

FSE: WKN 900519 (MRG) 5,000

Ticker Symbols Daily Vol (3 Mth Ave as of Feb 27) 4

(ave. price $0.48)

(ave. price $0.95)

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)

5

Business Model: Project Generator / JV

Minimizes high risk of exploration

Preserves 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 6

Major Shareholders

Total Managed & Institutional Ownership = ~45%

7

Global Resource (Sprott) Investments: 14%

Lukas Lundin: 6.7%

Adrian Day Asset Management: 6%

Management: 6%

High Net Worth German/Swiss: 7%

Taylor Fund: 3.1%

Rule Family Trust: 2.9%

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

8

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

Miranda Gold: Significant projects in the Cortez Camp

Red Hill Project: Next Discovery? 13.7 m of 8.12 g Au/t in hole BRH-13

Deep Drilling: At least 3 holes to off-set BRH-13

Cortez Camp – Nevada’s

Most Recent World Class Discovery

9

Miranda’s Red Hill Next off-set mineralized zone in the

Cortez Trend?

Barrick’s new discovery

10

Red Canyon, Nevada

JV Partner: Montezuma Mines Inc.

Target: Carlin-style disseminated gold big alteration system

2011 drilling – phase 1 – 1,605 m in 8 holes

Results: 6.1 m of 7.03 g and 9.1 m of 3.93 g Au/t

11

Angel Wing, Nevada

JV Partner: Ramelius Resources Ltd.

Target: Epithermal vein system

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

Drilling began October 16, 2010:

♦ 4,700 ft in 8-10 holes

12

Ester Dome, AK

13

JV Partner: Agnico Eagle USA Limited

District size land package 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

2012 Pavo Real Drill Program

Hydrothermal Breccia

trench samples from

1g to 21g Au/t

Q.Virgen Adit

4m of 4.5g Au/t

Cruzada Adits

30m of 2.34g Au/t

11m of 1.32g Au/t

2012 Pavo Real Drill Program

Pavo Real Soil Grid

JV Partner: Red Eagle

5,000 m of core drilling in

progress

500 surface rock samples

average 4.1 g Au/t

16

2011 Summary

9 projects in partnerships

+$5.0 million in partner spending

8 projects drilled

~13,000 meters of drilling - 54 holes

Pavo Real drilling started in December = assays in 2012

Positive drill results to date: ♦ Big Blue: 25.9 m of 0.75 g and 16 m 0.82 g Au/t

♦ Red Hill: 0.5 to 1.0 g Au/t intercepts in numerous holes

♦ Red Canyon: 6.1 m of 7.03 g & 9.1 m of 3.93 g Au/t

♦ Angel Wing: 1.5 m of 147 g Ag/t

♦ Ester Dome: 6.1 m of 0.60 g Au/t

17

2012 JV Partner

Drilling/Spending Forecast

Active JV's Planned Drilling

Project Partner Yrs on Project Location Phase I Start Total $

# holes meters

Red Canyon Montezuma 4 Nevada May $800,000*

Angel Wings Ramelius 3 Nevada June $750,000

Big Blue Ramelius 2 Nevada May $650,000

Red Hill NuLegacy 3 Nevada 8-10 April $1,050,000

Coal Canyon NuLegacy 2 Nevada 1 August Incl w RH

Taz Navaho Gold 2 Nevada June $600,000

Ester Dome Agnico-Eagle 2 Alaska July $700,000

Pavo Real Red Eagle 2 Colombia 8

January $2,200,000

Cajamarca Red Eagle 2 Colombia January $200,000

2012 Totals 6 partners 9 projects 3 areas not yet determined $6,950,000 18

*pending budget approval

2012 Outlook

9 projects in continued partnerships

~ $7.0 million in partner spending

8 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 ongoing Pavo Real drilling

Anticipate new Colombian/Nevada projects and joint ventures

Seeking a strategic alliance in Colombia

19