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Message: Miranda Gold Signs Exploration Funding Agreement with SIN Holdings on Redlich

A practice in patience, admittedly. Nevertheless, the story continues to quietly unfold. - q.

Jun 10, 2010
Miranda Gold Signs Exploration Funding Agreement with SIN Holdings on Redlich Project
Vancouver, BC, Canada -- June 10, 2010 -- Miranda Gold Corp. ("Miranda") (TSX-V: MAD) announces the signing of an Exploration and Option to Form a Joint Venture Agreement ("Agreement") with SIN Holdings Inc. ("SIN") (OTCBB: SNHI) whereby SIN may earn a joint venture interest in Miranda's Redlich project in Esmeralda County, Nevada that formalizes the Letter of Intent announced on May 20, 2010.

Previous work on this property led to the identification of two styles of gold mineralization: high-grade bonanza quartz veins and volcanic-hosted disseminated gold mineralization. During the next six months SIN will specifically investigate the potential for additional high-grade mineralization within a favorable horizon characterized by an increase in gold values between 4,265 ft (1,300 m) and 4,755 ft (1,450 m) in elevation, which included an intercept of 1.945 oz/t Au over 5 ft (66.6 g Au/t over 1.5 m). According to Mine Development Associates of Reno Nevada, who conducted a review of the Redlich data which led to the identification of the favorable gold horizon, there is strong evidence for the existence of a real, and potentially substantial, epithermal deposit on the property.

Miranda's Redlich project is located within the Walker Lane structural corridor, 55 miles (88 km) west of Tonopah, Nevada. The project consists of 113 unpatented lode claims and covers 3.7 square miles (9.5 sq. km.). Previous drilling focused on a northwest-trending fault corridor hosting high-grade gold in low-sulfidation quartz veins and thick, continuous zones of disseminated / quartz stockwork-hosted gold surrounding the high-grade veins. Multiple drill intercepts of finely-banded quartz veins contained gold grades exceeding 0.250 oz Au/t over 2 to 15 ft (8.6 g Au/t over 0.6 to 4.6 m).

More detailed information on the Redlich project can be found on Miranda's website at http://www.mirandagold.com/s/Redlich.asp.

The data disclosed in this press release have been reviewed and verified by Company Geologist and Nevada Projects Manager Steven Koehler, CPG, BSc. Geology and Qualified Person as defined by National Instrument 43-101.

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