TSX-V:MAD

A Sustainable Strategy for Exploration and Discovery

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.

Investment Profile

Focused on World-class discoveries

Aggressive Project Generator

Exploring numerous targets for greater chance at discovery

14 projects total10 Carlin-style disseminated gold targets2 bonanza vein gold targets1 Spring Valley equivalent (Quartz Tourmaline Gold Model)1 Alaskan project

$26.9 Million Market Capitalization

44.8 million shares outstanding

$9.25 million in working capital

Joint Venture Business Model8 projects actively Joint Ventured

Management Team

Ken Cunningham, M.S. Geo, B.S. Geo, P. GeoPresident and CEO, Director • 35 years experience of diversified mineral exploration• 21 years in Nevada

Joe Hebert, B.S. Geo Vice President Exploration• 27 years of diversified precious metal exploration• 16 years in Nevada

Doris Meyer, C.G.A. CFO and Corporate Secretary• 22 years experience in mining’s financial sector

Fiona Grant, B.A. Manager, Investor Relations

2008 – 2009 Performance Highlights

Aggressive ground staking and project acquisitions• 1 new quartz tourmaline gold project (Nevada)• 2 new Carlin-type gold projects (Nevada)• 1 high-grade vein project (Alaska)

Four projects drilled• ~27,000 ft (8,500 m) drilled

$2.5 million spent on exploration by JV partners• Matched by $ 1.5 million internal exploration budget

$275,000 in cash payments by JV partners

Share Structure

Share Issued 44,892,010

Options 5,425,750

Fully Diluted 50,317,760

TSX -V: MAD OTCBB: MRDDF FSE: MRG

Recent Share Price 0.60

Market Capitalization $26,900,000

Cash Position $9.25 million

Annual Burn Rate $1.8 million

$0.21 of Every Share Covered by Cash

102,260 38,690 6,1503 month average

Major Shareholders

Adrian Day Asset Management: • + 5% in managed accounts

Lundin Family Trust: 5%

Rule Family Trust: 3.2%

Global Resource Investments Ltd.• 10% in brokerage accounts

Total Managed & Institutional Ownership: ~35%• North America and Europe

A Unique JV Business Model

Partner “Earns in” during high-risk early drilling 60% for Spending $2-4 M over 4-5 Years

“Non-Activity” Clause Protects shareholders from stalled advancement

Must continue spending70% by Funding a Feasibility Study

Cash Payments to Miranda$275,000 in 2009

Issuance of Stock to MirandaPortfolio of 4 junior mining stocks

Joint Venture Partners – Past & Present

White Bear Resources Inc.

Montezuma Mines Inc.

Total Nevada Projects: 13

Project Updates

Red Hill• Carlin-type disseminated gold• Following up on 2006 drill hole

45 ft of 0.237 oz Au/t • Elevated trace elements indicative of Carlin-

type system• New JV Partner NuLegacy Gold Corporation

First 15 months commitment: $500,000 Drilling expected in Q2 2010

Red Canyon• JV Partner Montezuma Mines Inc. • Following up one of best drill holes in Cortez

Trend 85 ft of 0.046 oz Au/t

• Currently drilling three core holes to further test known mineralization• Phase 2 drilling expected in Q2 2010

Project Updates cont.

Angel Wing• JV Partner White Bear Resources,

Inc.• Recently listed on TSX-V exchange• Target: Epithermal vein• Sampling results:

Up to 2.7 oz Au/t in outcrop 50 ft of 0.047 oz Au/t from

vertical drilling• Drilling expected in Q2 2010

NEW! Ester Dome• District-scale gold target in Alaska• High-grade vein and shear –hosted

deposit targets• +1 M oz historic gold endowment• Historic drilling: 19.7 ft of 2.7 oz Au/t

Frontier Region Entrance Criteria

Miranda Gold’s criteria for evaluating generative exploration potential in new areas:

World Class gold deposits (+1 Million oz) Under-explored - “Frontier” Politically Secure Local Exploration Team Attractiveness to potential JV Partners

Outlook and Expected Outcomes

3 – 4 new project acquisitions

Enter new frontier region for increased opportunities for discovery

Continue executing successful Joint Venture Business ModelTargeting 3 – 4 new Joint Ventures in 2010

Exploration Programs6 joint ventures on 8 projects

Results from 2 drill programs expected in 2009

+$1.5 million in partners spendingMatched by a $1.5 million internal exploration budget

~15,000 ft of drilling in 2010

TSX-V:MAD

Booth # 816

www.mirandagold.com