Miranda Gold Corp. Grants Stock Options

• Press Release
• Source: Miranda Gold Corp.
• On 7:21 pm EST, Wednesday February 25, 2009

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2009) - Miranda Gold Corp. ("Miranda") (TSX VENTURE:MAD - News; OTCBB:MRDDF - News; FRANKFURT:MRG - News) reports that the Directors have today granted Stock Options to directors, officers, employees and consultants on 2,257,000 shares of the Company's capital stock, exercisable for up to five years at a price of $0.35 per share, which price is the last closing price of the Company's shares prior to the date of grant. The options granted will vest 25% immediately, and 25% every six months thereafter from date of grant and will be subject to any applicable regulatory hold periods.

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 Newcrest Resources Inc., Piedmont Mining Company Inc., White Bear Resources Inc., Queensgate Resources Corporation and Montezuma Mines Inc.

ON BEHALF OF THE BOARD

Kenneth Cunningham, President and CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Fiona Grant
Miranda Gold Corp.
Manager, Investor Relations
(604) 689-4580 or Toll Free: 1-877-689-4580
Website: www.mirandagold.com