FOLLOW-UP DRILLING ON 0.413 OZ AU/TON DRILL INTERCEPT STARTS AT MIRANDA GOLDA S ANGEL WING PROJECT

Ramelius Resources Ltd., Miranda Gold Corp.'s financing partner at Angel Wing, has started follow-up drilling to further test high-grade gold mineralization of five feet (1.5 metres) of 0.413 ounce per ton gold (14.15 grams per tonne Au) in hole AW12-06 completed in August (see Aug. 30, 2012, press release). The mineralization is associated with an annular magnetic anomaly 1,200 ft (400 m) in diameter and is the best gold intercept at Angel Wing. Ramelius plans to drill approximately 3,500 ft (1,067 m) in three reverse-circulation holes. This will be the third and final phase of drilling for the 2012 year. Ramelius also plans to file a Plan of Operations which will allow for an expanded drill program in 2013. Angel Wing is an epithermal vein and sediment-hosted gold project in northeast Elko County, Nevada.