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Re: News Releases - Tuesday, April 08, 2008
Miranda Gold Corp. Signs Agreement to Explore in Mexico
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Vancouver, BC, Canada -- April 8, 2008 -- Miranda Gold Corp.
("Miranda") (TSX-V: MAD) announces that it has signed an agreement with
Y3K Exploration Company LLC ("Y3K"). Pursuant to the agreement, Y3K and
its manager, David Griffith, will conduct a project generation program
to locate and acquire properties having the potential to host "large"
ore bodies of all valuable metals and minerals in Mexico funded by and
for the benefit of Miranda. Y3K has accumulated an extensive database
of potential mineral targets in Mexico and David Griffith has expertise
in doing business, exploration and acquiring mining properties situated
in Mexico.
Mr. Griffith has been active in Mexico for 15 years. While working as a
geologist for Recursos Cruz del Sur S.A., Mr. Griffith took part in the
La Esperanza discovery in 1993, currently known as the Cerro Jumil
project that is now wholly-owned by Esperanza Silver Corporation, in
the State of Morelos, Mexico.
Miranda has engaged Y3K on a renewable 12 month contract to conduct a
minimum annual program of US$200,000. A wholly owned Mexican
subsidiary of Miranda will directly stake or acquire projects
identified through the program. Miranda and Y3K will jointly establish
the work program and budget.
Ken Cunningham, Miranda's President and CEO, stated, "Miranda believes
this is a natural progression to our generative exploration in Nevada.
A Mexican program will allow Miranda to have an active field season
twelve months out of the year. Miranda's exploration team will assist
Mr. Griffith by advancing the acquired projects through exploration in
preparation for offering the projects to potential joint venture
partners. We are pleased to be working with someone who has both the
experience base and track record that Mr. Griffith has in Mexico."
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
Barrick Gold Exploration Inc., the Cortez Joint Venture, the Buckhorn
Joint Venture, Piedmont Mining Company Inc., White Bear Resources Inc.
and Queensgate Resources Corporation.
ON BEHALF OF THE BOARD
"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
1-877-689-4580.
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.
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Copyright (c) 2008 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 Apr 8, 2008 at 12:21:04 PM Pacific Time
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