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Miranda Gold Corp

Publié le 28 janvier 2013

NuLegacy Gold Returns Miranda Gold's Red Hill and Coal Canyon Projects

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Unit 1 - 15782 Marine Drive, White Rock, B.C. V4B 1E6
Tel: (604) 536-2711    Fax: (604) 536-2788

Monday, January 28, 2013 NEWS RELEASE

NuLegacy Gold Returns Miranda Gold's Red Hill and Coal Canyon Projects

Vancouver, BC, Canada --January 28, 2013 - Miranda Gold Corp. ("Miranda") (TSX-V: MAD) announces that NuLegacy Gold Corporation ("NuLegacy") has terminated the earn-in agreement for Miranda's Red Hill and Coal Canyon project. Miranda wishes to thank NuLegacy for their work on the project and for returning the property back to Miranda in a timely fashion so that a new funding partner can be sought.

Ken Cunningham, Miranda's President and CEO reports "that we appreciate the work that NuLegacy has done to advance these projects but are also pleased to have them returned. Miranda believes that the potential of the Red Hill property relates to the deep mineralization (45 ft of 0.237 oz Au/t -- 13.7m of 8.105 g Au/t) intercepted in drill hole BRH-13. While NuLegacy conducted numerous drill campaigns only one hole was directed at the deep potential of the property, thus leaving the property inadequately tested. Considering Barrick's nearby multi-million ounce Goldrush discovery occurs at similar depths, we are interested in finding a new partner who shares our enthusiasm in testing the deep potential of the property". Miranda's Vice President of Exploration, Joe Hebert was instrumental in the discovery of the Goldrush deposit when he led Placer Dome's generative exploration program. According to Hebert "the Cortez district deposits which include Pipeline, Cortez Hills and now Goldrush lie in an en echelon pattern that trends from the northwest to southeast. Miranda's Red Hill property lies along this trend to the southeast of Goldrush".

During the four years that NuLegacy was a partner on the Red Hill project they funded the drilling of a total of 18 reverse-circulation holes and one core hole for a combined footage of 24,425 ft (7,445 m). In addition, one reverse-circulation hole was drilled at Coal Canyon to a depth of 1,485 ft (453 m). NuLegacy partnered with Miranda on the Red Hill property in September of 2009 and the Coal Canyon project was added to the earn-in agreement in January of 2011. During the association NuLegacy spent approximately $2.3 million advancing knowledge of the Red Hill and Coal Canyon properties. The recent termination by NuLegacy brings 100% control of the properties back to Miranda.

Red Hill is a sediment-hosted gold project consisting of 79 lode claims that is located 15 miles (24 km) southeast of the 14 million ounce Cortez Hills gold deposit and about 7 mi (11 km) from Barrick Gold's new multi-million ounce Goldrush discovery. The Red Hill project occurs within a window of lower-plate limestone exposed through chert and siliceous sediments of the upper-plate of the Roberts Mountains Thrust. It is one of a series of windows and associated gold deposits that define the Cortez Trend. The project covers an extensive area of hydrothermal alteration occurring within fault zones and in lower-plate limestone.

In 2006 drill hole BRH-013 intersected 45 ft of 0.237 oz Au/t (13.7 m of 8.105 g Au/t) from 1,920 to 1,965 ft (585.4 to 599.1 m). Gold mineralization is hosted in silty carbonate rocks associated with altered lamprophyre dikes and high levels of arsenic, antimony, mercury and thallium. These features indicate a Carlin-style gold system may be present at Red Hill.

The Coal Canyon project consists of 64 unpatented lode claims. The project covers a large percentage of the Windmill window, a geologic feature exposing favorable lower-plate carbonate rocks. Rocks exposed in the Windmill window are analogous to carbonate rocks that host the Cortez Hills and Pipeline gold deposits.

Data disclosed in this press release, have been reviewed and verified by Vice President of Exploration Joseph Hebert, C.P.G., B.Sc. Geology and Qualified Person as defined by National Instrument 43-101.

Corporate Profile

Miranda Gold Corp. is a gold exploration company active in Nevada, Alaska, and Colombia and whose emphasis is on generating gold exploration projects with world-class discovery potential. 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 Agnico-Eagle (USA) Inc., Montezuma Mines Inc., Navaho Gold Ltd., Ramelius Resources Ltd., and Red Eagle Mining Corporation.


"Kenneth Cunningham"

Kenneth Cunningham
President and CEO

For more information visit the Company's web site at www.mirandagold.com or contact Joe Hebert, Vice President, Exploration at 775-738-1877.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC.

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

You can also view this News Release on our website at:

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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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Rapports annuels de Miranda Gold Corp
2008 Annual report
Financements de Miranda Gold Corp
20/05/2014Antioquia Gold Inc: Financing & Concordia Betulia Deal with ...
Attributions d'options de Miranda Gold Corp
26/02/2009Grants Stock Options
01/02/2008 Stock Options
Nominations de Miranda Gold Corp
11/12/2007 Appoints New Board Member from the Lundin Group of Companie...
Projets de Miranda Gold Corp
08/08/2013(Angel Wing)2013 Drilling Starts at Miranda Gold's Angel Wing Project
19/02/2013Finalizes Exploration Alliance in Colombia
28/01/2013(Red Hill)NuLegacy Gold Returns Miranda Gold's Red Hill and Coal Canyo...
31/10/2012(Angel Wing)2012 Drilling Concludes With 0.309 Oz Au/ton (10.6 G Au/t) I...
28/09/2012Terminates Ester Dome, Alaska Project
25/07/2012and Agnico-Eagle Enter Into Exploration Alliance in Colombia
21/06/2012(Big Blue)in Lower Plate Limestone at Miranda Gold's Big Blue Project
23/04/2012Invitation To A Luncheon In Toronto Hosted By Miranda Gold
19/04/2012(Big Blue)Drilling Begins At Miranda Gold'S Big Blue Project
28/03/2012(Red Hill)Drilling Starts at Miranda Gold's Red Hill and Coal Canyon P...
21/12/2011(Big Blue)Phase Two Drilling Completed at Miranda Gold's Big Blue Proj...
29/03/2011(Easter Dome)and Agnico-Eagle USA Sign Exploration Agreement for Ester Do...
20/03/2011(Big Blue)Drilling Begins on Miranda Gold's Big Blue Project
03/03/2011(Rook)Stakes Claims in East Roberts Mountains
20/02/2011(Taz)And Navaho Gold Sign Definitive Exploration Funding Agreemen...
14/02/2011(Pavo Real)Announces Exploration Results from Pavo Real
20/01/2011(Cajamarca)Options Five Properties in Colombia
20/01/2011(Ibague)Options Five Properties in Colombia
20/01/2011(Fresno)Options Five Properties in Colombia
20/01/2011(Santander Colombia)Options Five Properties in Colombia
22/09/2009(Red Hill)and NuLegacy Gold Corporation Sign Agreement to Explore Red ...
11/09/2009(Red Canyon)First Phase of Drilling Completed at Miranda Gold's Red Cany...
29/09/2008(Redlich)Advancing New Copper-Molybdenum Target at Redlich
22/09/2008(Coal Canyon)Reports Carlin-Style Gold Mineralization at Coal Canyon
04/09/2008(Red Hill)Drilling Begins on Miranda's Red Hill Project
28/08/2008(Red Canyon)Finalize Red Canyon Agreement
18/08/2008(Horse Mountain - Miranda)Drilling Begins on Miranda Gold's Horse Mountain Project
06/08/2008(Coal Canyon)Drilling Begins at Miranda Gold Corp.'s Coal Canyon Project
26/06/2008(Red Hill)Reports Red Hill 2007 Drill Results And 2008 Drill Program
19/06/2008(Red Canyon)Signs Letter of Intent with CMQ Resources on Red Canyon Proj...
23/04/2008(Iron Point)Drilling Begins at Miranda Gold Corp.'s Iron Point Project
20/03/2008(Redlich)Mine Development Associates Data Review Supports Upside Pote...
20/02/2008(Redlich)Announces Termination of Redlich Exploration Agreement
15/01/2008(Red Canyon) Intersects 85 Feet Of 0.046 oz Au/t at Red Canyon Project
23/10/2007(Red Hill)Drilling Commences on Miranda Gold's Redhill Project
16/10/2007(Redlich)Core Drilling Results From Miranda Gold's Redlich Property
20/08/2007(Angel Wing)Project Updates: Angel Wing and Horse Mountain
Communiqués de Presse de Miranda Gold Corp
23/06/2016Miranda Gold Closes $2.6m Non-Brokered Private Placement
15/06/2016Miranda Increases Private Placement To $2.6 Million
04/06/2016Miranda to Carry out $1.5 Million Private Placement
27/04/2016Miranda And Prism Announce Drill Program Testing Epithermal ...
14/04/2016Miranda Gold Files Updated Technical Report For The Willow C...
28/01/2016Miranda Gold Announces Promotion of Joseph Hebert to CEO and...
22/10/2015Miranda Acquires Rights to Purchase 3.3% Royalty at Willow C...
15/10/2015Miranda Signs Lease to Consolidate Antares Project in Colomb...
08/09/2015Miranda Retains Royalty and Transfers Ownership of Mustang P...
01/09/2015Miranda Gold Finalizes Red Canyon, Nevada Joint Venture
12/08/2015Miranda Reports Surface Ownership at Willow Creek Reunited w...
04/03/2015Miranda Gold Provides Corporate Update
03/03/2015Miranda Gold Provides Corporate Update
02/03/2015Miranda Gold Sells Four Nevada Properties
02/03/2015Miranda Gold Sells Four Nevada Properties
17/02/2015Miranda Gold Director Change and Option Grant
17/02/2015Miranda Gold Director Change and Option Grant
17/12/2014Miranda Gold Modifies Terms of Share Purchase Warrants
12/11/2014Miranda Gold Signs Joint Venture Agreement to Advance High-G...
23/10/2014Miranda Gold Files Technical Report for the Willow Creek Pro...
15/10/2014Miranda Gold Identifies New High-Grade Vein at Willow Creek,...
12/09/2014Miranda Gold Director Resigns
11/09/2014Miranda Gold Completes 43-101 Resource Estimate for Upper Co...
04/09/2014Miranda Gold Director Retires and Options Granted
06/08/2014Miranda Agrees to Joint Venture Terms to Develop Its Willow ...
24/06/2014Miranda and Prism Agreement Effective for Cerro Oro Project,...
13/05/2014Miranda Acquires a Large Epithermal Project in Colombia
02/04/2014Miranda and Prism Receive Exploration Contract at Cerro Oro,...
16/12/2013Adopts Advance Notice Policy
21/11/2013Acquires High-Grade Willow Creek Project in Alaska
30/09/2013(Angel Wing)2013 Drilling Completed at Miranda Gold's Angel Wing Project...
02/07/2013Colombia's Golden Potential, In conversation with Miranda Go...
12/10/2012Cortez Gold Trend Video
26/09/2012(Angel Wing)Follow-Up Drilling On 0.413 Oz Au/Ton Drill Intercept Starts...
30/08/2012(Angel Wing)Drilling Intersects 0.413 oz Au/ton (14.15 G Au/t) At Mirand...
07/08/2012(Angel Wing)2012 Phase I Drilling Intersects 0.131 Oz au/ton (4.49 g au/...
12/06/2012(Angel Wing)2012 Drilling Resumes At Miranda Gold'S Angel Wing Project
17/01/2012Reports 2011 Drill Results From Ester Dome Project
28/07/2011letter - July 2011
20/07/2011Comments on Miranda Gold Corp. in a recent Gold Report
21/04/2011Revised Miranda Gold Newsletter - April 2011
20/04/2011letter - April 2011
21/11/2008MAD Newsletter - November 2008
20/11/2008Brent Cook Comments on Miranda Gold
10/11/2008President Interviewed on American Scene Radio
07/11/2008on 321gold.com
19/09/2008Shareholder Reception with Guest Speaker Paul van Eeden
16/09/2008letter September 2008
03/09/2008Adrian Day Comments on Miranda Gold Corp.
14/07/2008Exploration and Company Update
13/06/2008in the News
03/06/2008Hans Peter Schmidlin of Precious Capital Comments on Miranda...
29/05/2008Newcrest Signs Letter of Intent on Miranda's Horse Mountain ...
10/05/2008Recent interview with Streetwise Reports.
18/04/2008Acquires and Stakes Claims in Pequop Mountains
08/04/2008 Signs Agreement to Explore in Mexico
25/03/2008 2008 Drilling Forecast
11/03/2008New Exploration Funding Agreement Signed on Miranda's Coal C...
05/03/2008 Announces Termination of Romarco Agreement
07/11/2007Second Project Being Drilled as Drilling Commences on Mirand...
24/07/2007and Romarco Minerals Inc. Amend Terms on Red Canyon Joint Ve...
16/07/2007Announces Drill Program for Red Hill Project
17/05/2007and White Bear Resources Sign Second Joint Venture Agreement
04/04/2007Joint Venture Updates: Redlich, Iron Point and Coal Canyon
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