Miranda Gold Closes Private Placement

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Miranda Gold Corp. (the "Company") (TSX VENTURE:MAD)(OTCBB:MRDDF)(FRANKFURT:MRG)
has closed a non-brokered private placement with aggregate gross proceeds of
$3,696,220 from the sale of 5,686,492 units (the "Units") at a price of $0.65
per. Each Unit is comprised of one common share and one common share purchase
warrant (a "Warrant"). Each Warrant entitles the holder thereof to purchase one
additional common share for a price of $1.00 until March 18, 2012. The common
shares issued, and any common shares issued pursuant to the exercise of Warrants
prior to July 19, 2010 will be restricted from trading until July 19, 2010.


The Company paid finder's fees to persons who introduce it to investors of
$13,091 cash and 145,950 common shares. 


Proceeds of this private placement will primarily be used to advance work in
Colombia as well as for continued exploration on the Company's projects in
Nevada and Alaska and general corporate purposes.


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.
Previous partners include Barrick Gold Exploration Inc., Newmont Mining Inc.,
Placer Dome (US) Inc., Agnico-Eagle (USA) Inc., Romarco Minerals Inc., Golden
Aria Corp., the Cortez Joint Venture and the Buckhorn Joint Venture. Miranda has
ongoing partnerships with Piedmont Mining Company Inc., White Bear Resources
Inc., Queensgate Resources Corporation, Montezuma Mines Inc., NuLegacy
Corporation, Red Eagle Mining Corporation, and Ramelius Resources Ltd.


ON BEHALF OF THE BOARD

Kenneth Cunningham, President and CEO

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD
IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.