Miranda reports drill results from the project Pavo Real in Colombia

Miranda reports drill results from the project Pavo Real in Colombia

09.07.2012 Vancouver, BC, Canada - Miranda Gold Corp.. ("Miranda") (TSX-V: MAD) is pleased, The latest results from drilling in the Pavo Real project in Colombia known to give. Miranda's funding partner Red Eagle Mining Corporation („Red Eagle“) (TSX-V: RD) Within the framework of this first program in the nine-hole drilling on 11.150 Foot (3.400 m) completed.

The bores have focused on the determination of the control structures, showing the mineralization. The target areas included quartz veins and Erzadersysteme, the breccias in sedimentary rocks and hydrothermal embedded. The results of current exploration activities and the results of this drilling will be used for planning a further drilling program.

The main mineralization portions are listed in the table below. Among important mineralization sections values ​​of at least 0,010 Ounces of gold per ton (0,343 g Au / t) to understand. The true thickness of mineralization is approximately. 90 % of the drill intercept, the vertical depth of approximately. 70 % Depth of section.

Miranda and Red Eagle, because of the numerous anomalous intersections very optimistic. As part of the Phase I drilling target areas have been partly around the tunnel of La Virgen and Quebrada Cruzada and tested in breccia on the west side of the property. In a target area in the southeastern portion of the property, meeting where sandstone and limestone on intrusive, were previously held no test holes. Upon receipt of an appropriate drilling permit Red Eagle wants this area in view of the sediment trapped, Disseminated mineralization explore.

All drill samples were collected using a diamond drill, the sample intervals about 0,5 to 2 m were. The sampling was carried out according to standard industry methods. The samples were in the Acme Analytical Laboratories in Medellin (Colombia) and processed in Santiago (Chile) analyzed. The gold content was determined by fire assay (30 g weighed) followed by atomic absorption (AA) determined. Samples with a grade of 10 g / t were analyzed again and fully investigated gravimetrically. As part of quality control was regularly a number of standard- and blank samples were taken and analyzed continuously. In addition, there were also other recognized laboratory checks.

Details of the project

Pavo Real is located in the district of Tolima 12,4 Miles (20 km) south of the city of Ibague or. 27,9 Miles (45 km) southeast of the project La Colosa, AngloGold Ashanti is the. Pavo Real is a major project, which has an area of ​​approximately. 48,9 Square kilometers. In sedimentary rocks, in the veins and breccias on the surface were in strong gold values ​​determined. For radiometric measurements were noticeable anomalies, which should be seen as Kaliumalterierungen and together with mapped structures, historic mining sites and specimens with exceptional gold grades occur. Of 1.040 Rehearse, were taken on the property, reported 540 Rock samples have returned gold values ​​over 0,003 Ounces per ton (0,1 g Au / t) on. One of the most important results of surface sampling, etc.. a portion with 135 Foot and 0,043 Ounces gold / ton (41 m with 1,47 g Au / t).

All information published in this press release, including analysis- and test results, were Joseph Hebert, Vice President für Exploration, C.P.G., BSc. in Geology, in his capacity as a Qualified Person under National Instrument 43-101 tested and confirmed.

Company Profile

Miranda Gold Corp.. is a company, focused on the exploration of gold properties in Nevada, Has specialized in Alaska and Colombia. The focus is on generating gold exploration projects, have the best prospects for the discovery of high-grade gold deposits. Miranda performs its own grass roots exploration and then employs a joint venture business model on its projects. The aim is to discovery and exploration risk to be optimized while minimizing. Miranda is currently working with partner companies, Agnico-Eagle (USA) Inc., Montezuma Mines Inc., Navaho Gold Ltd., NuLegacy Corporation, Ramelius Resources Ltd. together, and Red Eagle Mining Corporation.

FOR THE BOARD

„Kenneth Cunningham“

Kenneth Cunningham
President und CEO

For more information:
www.mirandagold.com bzw. by Joe Hebert, Vice President Exploration, Such. 1-775-738-1877.

Disclaimer:

The TSX Venture Exchange nor its Regulation Services Provider (described in the policies of the TSX Venture Exchange Regulation Services Provider) assume no responsibility for the adequacy or accuracy of this release.

In addition, U.S. investors are advised, that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. We advise U.S. investors that, that the mining policies of the U.S. Securities and Exchange Commission such information in documents, filed with the SEC, strictly prohibit.

This press release contains forward-looking statements, based on current expectations and estimates of the company. Forward-looking statements are often characterized by words such as "plan", "Expect", "Forecast", "Intend", "Believe", "Anticipate", "Estimate", "Accept", "Inform" and similar expressions or statements, that certain events or conditions "may" or "will". These forward-looking statements involve risks and uncertainties and other factors, which may cause, that actual events or results to differ materially from those anticipated events or results, The forward-looking statements are made in such a directly or indirectly expressed, differ. These factors include u.a. the actual results of current exploration activities; Conclusions on economic evaluations; Changes in project parameters as part of further planning; possible variations in ore grade and yield; Accidents; labor disputes and other risks that occur in mining; Delays in regulatory approval or. in financing transactions; and fluctuations in metal prices. Other factors can cause, that acts, Events or results different than expected, estimated or intended. Forward-looking statements speak only as of the date, to which they are created. The company therefore has no intention or obligation, to update these forward-looking statements, whether as a result of new information or future events or. Results are for other reasons, unless, This is required by applicable securities laws. Forward-looking statements are not guarantees of future performance and it is therefore recommended, Such statements as a result of the uncertainties contained therein not to overstate.

Which filings can be found at:
http://www.irw-press.at/press_html.aspx?messageID=25568

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