www.mirandagold.com

Why Miranda Gold makes sense

in today’s market

TSX.V: MAD

October 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

2

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

Investment Profile

Aggressive Project Generator

♦ Exploring numerous targets for greater chance at discovery

15 projects total♦ 12 Nevada properties♦ 2 Colombia properties♦ 1 Alaska property

Joint Venture Business Model♦ 7 projects in Joint Ventures

$15.9 million Market Capitalization

53.0 million shares outstanding

$5.0 million in working capital

$0.3 million in equities

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

4

Share Structure

Share Issued 53,074,452

Options 8,162,000

Warrants 1,200,000

Fully Diluted 62,436,452

Recent Share Price $0.30

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

(ave. price $0.72)

high/low ($0.56/$0.24)

2012 TSX.V: MAD Share Price

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)

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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 focus8

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)

Significant Shareholders

Total Retail, Managed & Institutional Ownership = ~45%

10

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%

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

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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

Cortez Camp – Nevada’s Most Recent World Class Discovery

10

Miranda’s Red HillNext off-set mineralized zone in the

Cortez Trend?

Barrick’s new discovery

13

Angel Wing, Nevada

JV Partner: Ramelius Resources Ltd.

Target: Epithermal vein system

2012 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/t

Phase 3 drilling in 4th Quarter

1414

Colombia Update

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Finalizing lease on new project

Pavo Real Status

Strategic Alliance with Agnico-Eagle

New Project

Lease with Colombian landowners

$10,000 on signing and $80,000 upon issue of license

Potential JV partner once license is issued

Located in the Middle Cauca gold belt

Epithermal stockwork gold mineralization in 2Ma volcanic rocks

Surface samples up to 4 g Au/t & 30 g Ag/t

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Area of Focus:Middle Cauca Gold Belt

27.5 Million Ounces Goldin Middle Caucaand AntioquiaBatholith

New Project betweenMarmato and Quinchea

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2012 Pavo Real Drill Program

Hydrothermal Brecciatrench samples from 1g to 21g Au/t

Q.Virgen Adit4m of 4.5g Au/t

Cruzada Adits30m of 2.34g Au/t11m of 1.32g Au/t

2012 Pavo Real Drill Program

Pavo RealJV with Red Eagle MiningUntested target areas

Miranda Generative: Gold Occurrences within 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 andEdge of Craton

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Strategic Alliance in Colombia

Signed Letter of Intent with Agnico-Eagle

Definitive agreement by end of September

Project Generation in Colombia

3 year commitment

Annual minimum funding of $1M

$700,000 Agnico/$300,000 Miranda

Miranda operates20

Strategic Alliance in Colombia

Agnico has 1st Right on any projects acquired

Provides a built-in JV partner for new projects

“Designated Properties” become Earn-In JV projects

Agnico can earn a 70% interest in “Designated Properties” by funding to a positive Feasibility Study

Allows Miranda to be more aggressive in Colombia

$2.1 M non-dilutive financing in a tough market

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-Eagle22

TSX.V: MAD