Post on 20-Jun-2015
description
www.mirandagold.com
Miranda Gold’sWillow Creek Project
Reviving an Important Historic District
TSX.V: MAD
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 Joseph Hebert, Executive Vice President.
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
Investment Profile
10 projects total♦ 5 Nevada properties♦ 4 Colombia properties♦ 1 Alaska property
Joint Venture Business Model♦ 3 projects in Joint Ventures♦ 1 Strategic Alliance (Agnico
Eagle)
$7.4 million Market Capitalization
74.0 million shares outstanding
$4.8 million in cash (5/31/14)
Recent share price $0.10
High/Low $0.20- $0.09
Project Generation Joint Venture Business Model
World-Class Gold Jurisdictions
Strong Technical Team and Shareholder Base
• Miranda’s exploration team:Involved in over 10 discoveries
Totaling over 30 M oz gold
Cortez Hills, Gold Rush, Ren, Nike
• Shareholders:Sprott Global, Rick Rule, Paul van Eeden,
Adrian Day Asset Mgt., Trimark Capital,
Polar Capital, Swiss and German retail,
Raymond James, Management
Willow Creek Project
Excellent Location
WILLOW PROJECT
www.mirandagold.com
Legendary Mining DistrictInactive since 1943
667,000 ounces 1.2 oz per ton
6
Lower Lucky Shot
War Baby Mine
Upper Lucky Shot
Enserch Tunnel (1980’s)Lower Lucky Shot Adit
Upper Lucky Shot Adit
www.mirandagold.com
“De-risked” by previous operator
Miranda’s first Production Joint Venture
Willow Creek Today
Coleman Portal Lucky Shot Mine
Enserch Tunnel
Man Camp
Mill
Coleman Portal and Landing Pad
18
80 Year Lease with Alaska Hardrock Inc.
Scott EubanksPresident AHI
75 Patented Mining Claims62 State of Alaska Lode Claims~8,700 Acres
Bullion Mountain
Lucky Shot Ridge
Hatcher Pass
Craigie Creek
Willow Creek Valley
Coleman Mine Portal
Willow Creek Historic Workings
Coleman NI 43-101 Resource*
Measured and IndicatedCutoff Grade (g/t) Au Tonnage above cutoff (tonnes) Grade above cutoff (g/t) Au Troy Ounces
5 106,000 19.8 67,500
7 78,700 24.6 62,100
10 58,600 30.2 56,800
* QP Dave Linebarger
NI 43-101 Highlights
• Measured and Indicated resource of 62,100 troy ounces gold at an average grade of 24.6 grams per tonne using a cutoff of 7.0 grams per tonne
• Resource estimate is for the upper Coleman deposit and is based on assays from 132 diamond core holes
• The resource is very compact within an area of approximately 140m by 182m
• There is good potential to increase the size of the deposit by exploring areas down-dip, and both east and west along strike of the Coleman deposit
• The resource occurs on patented claims accessible by road with permitting to be issued by the State of Alaska
Coleman Vein Model
5 gram per tonne cutoff
Block Model*
* Block Model by Pete Parsley (GTI)
Coleman Zone ResourceAlimak Raise
Coleman Resource
Colem
an Tunnel
Underground workings at Coleman
19
6 New Gold-Bearing Targets
Low Risk Exploration
Coleman VeinOld Workings
Lucky Shot VeinOld workings
Down-Dip Coleman
Murphy Discovery
2007 Drilling New Discoveries
• C07-92 54.6 g/t Au over 1.0 m in Murphy Zone
• C07-143 77.2 g/t Au over 0.5 m in Lucky Shot Down-Dip
2006 Coleman Delineation Drilling
• C06-39 154.5 g/t Au over 0.4 m
• C06-81 82.6 g/t Au over 1.7 m
2005 Upper Coleman Discovery
• C05-08 121.4 g/t Au over 0.6 m
• C05-12 219.0 g/t Au over 4.0 m
Recent Significant Drill Results
District Potential
1. Coleman down dip and along strike
2. Above and Below Lucky Shot Mine
3. Delineate and Extend Murphy Discovery
4. Test new soil and outcrop targets on Bullion Mountain
5. Connect Lucky Shot and Bullion Systems
Recent Sampling Bullion Mountain
GoldBullion
Murphy
Explores for New Veins Between the Gold Bullion & Murphy
Grid Starts 300m SW ofFault Termination of Gold Bullion Vein
200m x 20m stations
Only NE Third of GridCompleted for 2014 Assessment
Au values in Soils Inferred Veins
17.05 g
50.74 g Au
Recent Soil Sampling Results
0.100 to plus 1.0 g Au/t Values in Soils
Multiple Linear Anomalies to 800m Strike Successive Lines
Anomalies Begin 300m Southeast of Gold Bullion Vein Fault Termination
Soils orientation over upper Coleman averaged 0.140 g Au/t
17.05 to 50.74 g Au/t in Quartz Vein Subcrop
Joint Venture for Development of the High Grade Willow Creek Gold Project
Who is Gold Torrent Inc.?
Gold Torrent Inc. (“GTI”) is an OTC Bulletin Board listed company, established in 2013, led by individuals with extensive experience in public company management, mining and financial sectors:
• Daniel Kunz (Chairman) is a senior mining executive with more than 35 years engineering, mine operations, management, accounting, and finance including 17 years with Morrison Knudsen Mining and as President and COO Ivanhoe Mines Ltd. Strong mine development career success.
• Ryan Hart (President, CEO), is an experienced finance professional and former financial manager for Credit Suisse and UBS, with an emphasis on venture capital
• Permitting and community discussions to begin as soon as JV is signed
• Gold Torrent Inc. to operate
• Extremely small “footprint”
• 21,000 oz/yr gold produced initially
• Mining 150 ton per day selectively for grade (jackleg/slusher)
• Crush, grind, mill, gravity separate and smelt in secure facility
• 80 to 85% gold recovery through gravity plant with 10-20% mine dilution
• Patented Claims allow for permitting with State of Alaska
Production Plan
Visible Gold Prevalent Low sulfide, easy recovery
VG > 10.5 g Au/t VG w Telluride > 18 g Au/t