======================================================================
Re: News Releases - Tuesday, March 04, 2008
Miranda Gold Corp. Announces Termination of Romarco Agreement
======================================================================
Miranda Gold Corp. ("Miranda") (TSX-V: MAD) announces the termination
of the Red Canyon exploration funding agreement with Romarco Minerals
Inc. ("Romarco"). Since July 2006 Romarco has delivered Miranda 250,000
common shares of Romarco and expended in excess of $500,000 to fund
exploration on the project. These expenditures included an eight hole
drill program totaling 6,070 ft (1,850 m) that intersected 85 ft of
0.046 oz Au/t (25.9 m of 1.568 g Au/t).
Drilling at the Ice Prospect at Red Canyon by Romarco and others has
identified a near-surface zone of oxidized gold mineralization that is
hosted in Devonian limestone. The mineralized corridor is defined by
five reverse-circulation drill holes and measures 250 ft by 740 ft (75
m by 225 m). Data compilation by Miranda geologists indicates that the
exploration potential remains open along strike to the northeast in
areas covered by post mineral volcanic rocks and alluvium. The
northeast exploration potential is supported by existing drill holes,
geologic mapping, gravity and structure contours.
Miranda is confident that quality targets still exist on the property
and that further exploration and drilling is warranted. A new joint
venture partner is currently being sought.
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
Barrick Gold Exploration Inc., the Cortez Joint Venture, the Buckhorn
Joint Venture, Piedmont Mining Company Inc. and White Bear Resources
Inc.
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.
======================================================================
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 Mar 4, 2008 at 2:44:56 PM Pacific Time
======================================================================
.