MIRANDA AND PRISM AGREEMENT EFFECTIVE FOR CERRO ORO PROJECT, COLOMBIA

(firmenpresse) - MIRANDA AND PRISM AGREEMENT EFFECTIVE FOR CERRO ORO PROJECT, COLOMBIA

Vancouver, BC, Canada - June 23, 2014 - Miranda Gold
Corp. ("Miranda") (TSX-V:
MAD)
and Prism Resources Inc. (Prism) (NEX:PRS.H) are
pleased to
announce
that further to the press release dated April 2, 2014, t
he agreement with Prism is now effective and Prism
issued Miranda 200,000 common shares, and reimbursed
Miranda US$90,000 that were paid by
Miranda
to the underlying leaseholder. Prism will be obligated
to fund exploration related expenditures of
US$4,000,000 to earn a 51% interest and through
additional funding can earn an additional 19% for a
total interest of
70%.


Miranda and Prism are developing a minimum $100,000
budget work program for the Cerro Oro project, Colombia
that will

consist of a combination of mapping, rock chip and soil
sampling, trenching and
possibl
y an IP (induced polarization) geophysical survey.
Miranda will act as operator during the initial work
program. Prism will additionally fund a

NI 43-101 report that will be written by an independent
Qualified Person.
The
NI 43-101compliant technical report will recommend a
drill program based on targets generated

by Miranda during the exploration program.

Cerro Oro covers approximately 1,100 hectares and lies
within
the resource-rich Middle Cauca Belt in the Caldas
department approximately 120 km south of Medellin.
Cerro
Oro
appears to be one of a cluster of large northeast
trending

epithermal gold systems that includes Marmato which lies
14
km
to the northeast. This trend of epithermal deposits is
located
between
Solvistas Caramanta deposit to the north and Seafield
and
Batero
s Quinchia deposits to the south. Cerro Oro as an

epithermal

low-sulfidation gold system provides the potential for
higher grades than the typical low-grade porphyries
seen in the Cauca
Belt.
Miranda is excited to explore this area with Prism.

About Miranda

Miranda Gold Corp. is a gold exploration company active
in Nevada

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. Miranda
has
o
ngoing relationships with Agnico Eagle Mines Ltd.,
Montezuma Mines Inc., and Red Eagle Mining
Corporation.


About Prism

Prism Resources Inc. is a junior exploration corporation
listed on the NEX board of the TSX Venture
Exch
ange. Its focus is on earning its interest in the Cerro
Oro Project with

a view to reactivate to the TSX Venture Exchange.

ON BEHALF OF THE BOARDS OF DIRECTORS OF BOTH MIRANDA AND
PRISM



For more information related to Miranda: Joe Hebert,
Executive Vice
President

775-738-1877
www.mirandagold.com
OTCBB: MRDDF
TSX-V: MAD
FSE: MRG
Unit 1, 15782 Marine Drive,
White Rock, BC. V4B 1E6
Tel: (604)536-2711

For more information related to Prism contact:
Robert (Bob) Baxter
Prism Resources Inc.
+1-778-928-1864
Email: bbaxter(at)prismresourcesinc.com
214 - 3540 West 41st Avenue,
Vancouver, British Columbia, V6N 3E6
PHONE: (604) 803-4883
Fax: (604) 682-6318

Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.


U.S. investors are cautioned that mineral deposits on
adjacent properties are not indicative of mineral
deposits on our properties. We advise U.S. investors
that the SEC's mining guidelines strictly prohibit
information of this type in documents filed with the
SEC.
This news release contains forward-looking statements
that are based on the Company's current expectations
and estimates. Forward-looking statements are
frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate",
"estimate", "suggest", "indicate" and other similar
words or statements that certain events or conditions
"may" or "will" occur. Such forward-looking statements
involve known and unknown risks, uncertainties and
other factors that could cause actual events or results
to differ materially from estimated or anticipated
events or results implied or expressed in such
forward-looking statements. Such factors include, among
others: the actual results of current exploration
activities; conclusions of economic evaluations;
changes in project parameters as plans to continue to
be refined; possible variations in ore grade or
recovery rates; accidents, labour disputes and other
risks of the mining industry; delays in obtaining
governmental approvals or financing; and fluctuations
in metal prices. There may be other factors that cause
actions, events or results not to be as anticipated,
estimated or intended. Any forward-looking statement
speaks only as of the date on which it is made and,
except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a
result of new information, future events or results or
otherwise. Forward-looking statements are not
guarantees of future performance and accordingly undue
reliance should not be put on such statements due to
the inherent uncertainty
therein.

Unternehmensinformation / Kurzprofil:
Leseranfragen:
Bereitgestellt von Benutzer: irw
Datum: 24.06.2014 - 13:51 Uhr
Sprache: Deutsch
News-ID 333299
Anzahl Zeichen: 6669

contact information:
Town:

Wien

Kategorie:

Business News

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Die Pressemitteilung mit dem Titel:
"MIRANDA AND PRISM AGREEMENT EFFECTIVE FOR CERRO ORO PROJECT, COLOMBIA
"
steht unter der journalistisch-redaktionellen Verantwortung von

Miranda Gold Corp. (Nachricht senden)

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