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Miranda Gold Corp

Publié le 23 octobre 2007

Drilling Commences on Miranda Gold's Redhill Project

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Re: News Releases - Tuesday, October 23, 2007
Drilling Commences on Miranda Gold's Redhill Project

Miranda Gold Corp. ("Miranda") (TSX-V: MAD) is pleased to announce that
its joint venture earn-in partner Barrick Gold Exploration Inc.
("Barrick") has commenced reverse-circulation drilling at the Red Hill
project, located in the Cortez Trend, Eureka County, Nevada. The drill
program will consist of approximately 10,000 ft of drilling (~3,000m)
and expenditures of approximately US$500,000 and, as outlined in a news
release dated July 16, 2007, it will focus on step-out drilling and
testing a new target area.

In 2006 drilling by Barrick intersected mineralization hosted in
lower-plate carbonate rocks in hole BRH-013. Those drill results are
shown in the following table:

Hole Interval Length Grade Length Grade
Number (ft) (ft) (oz Au/t) (m) (g Au/t)

BRH-013 1920-2000 80 0.146 24.4 5.015
includes 1920-1965 45 0.238 13.7 8.153

Mineralization in BRH-013 is associated with high levels of arsenic,
antimony, mercury and thallium and the presence of altered igneous
dikes. These features indicate that a Carlin-style gold system is
present at Red Hill.

The step-out drilling to BHR-013 will test the margins of a west
northwest-striking CSAMT geophysical resistor, a feature that focused
the placement of BRH-013. In addition, a recently completed gravity
survey has identified a northeast-trending embayment that suggests
possible crosscutting faults intersecting that CSAMT resistor. Two of
the five planned holes will test these geophysical features while
off-setting BRH-013.

The remaining three drill holes will test a pediment-covered target on
the east side of the property. This target comprises the extension of
strong decalcification, silicification and antimony mineralization that
is exposed in an east-west striking fault zone known as the Long Fault.
Gravity data has identified a structural feature in the sub-surface
that is being targeted with this drilling.

Barrick's drilling at Red Hill is part of a larger program near BRH-013
that includes drilling on third-party lands adjoining to the west.

The data disclosed in this press release have been reviewed and
verified by Company Senior Geologist Steven Koehler, P. Geo., BSc.
Geology and Qualified Person as defined by National Instrument 43-101.

Corporate Profile

Miranda Gold Corp. is a gold exploration company active in Nevada and
whose emphasis is on generating gold exploration projects within the
Battle Mountain-Eureka and Cortez Trends. Miranda performs its own
grass roots exploration and then employs a joint venture business model
on its projects in order to maximize exposure to discovery while
minimizing exploration risk. Miranda has ongoing partnerships with
Newcrest Resources Inc., Barrick Gold Exploration Inc., the Cortez
Joint Venture, the Buckhorn Joint Venture, Romarco Minerals Inc., White
Bear Resources Inc., and Piedmont Mining Company Inc.


"Kenneth Cunningham"

Kenneth Cunningham
President and CEO

For more information visit the Company's web site at
www.mirandagold.com or contact Fiona Grant, Manager, Investor Relations

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

This news release may contain information about adjacent properties on
which we have no right to explore or mine. We advise U.S. investors
that the SEC's mining guidelines strictly prohibit information of this
type in documents filed with the SEC. U.S. investors are cautioned that
mineral deposits on adjacent properties are not indicative of mineral
deposits on our properties. This news release may contain
forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs, geological
interpretations, receipt of property titles, potential mineral recovery
processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties.
Actual results may differ materially from those currently anticipated
in such statements.

Copyright (c) 2007 MIRANDA GOLD CORP. (MAD) All rights reserved. For
more information visit our website at http://www.mirandagold.com/ or
send mailto:fiona@mirandagold.com
Message sent on Tue Oct 23, 2007 at 4:53:17 AM Pacific Time

Miranda Gold Corp

ISIN : CA6046731031
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Miranda Gold est une société d’exploration minière d'or basée au Canada.

Miranda Gold détient divers projets d'exploration en Colombie.

Son principal projet en développement est LOOKOUT MOUNTAIN en USA et ses principaux projets en exploration sont RED CANYON, COAL CANYON, HORSE MOUNTAIN - MIRANDA, IRON POINT, BPV AND CONO, REDLICH, FUSE WEST, ANGEL WING, PPM, FUSE EAST et TAZ en USA et ROOK, EASTER DOME, RED HILL, CAJAMARCA, IBAGUE et FRESNO en Colombie.

Miranda Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 3,6 millions CA$ (2,7 millions US$, 2,4 millions €).

La valeur de son action a atteint son plus haut niveau récent le 14 février 1997 à 7,00 CA$, et son plus bas niveau récent le 30 novembre 2018 à 0,01 CA$.

Miranda Gold possède 103 380 000 actions en circulation.

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