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CHALICE MINING LIMITED Board/Management Information 2007

Nov 27, 2007

64649_rns_2007-11-27_22e0f0ef-f4fc-4834-9e5d-9d1392e45ecc.pdf

Board/Management Information

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RESIGNATION OF DIRECTOR

Chalice Gold Mines Limited advises that Bryan Alexander will step down as a non-executive director of the Company following tomorrow’s Annual General Meeting, due to increasing time commitments of his personal commercial interests.

Bryan was a founding director of Chalice Gold Limited and has consistently contributed to the Company’s exploration efforts and commercial dealings. The Board thanks Bryan for his efforts and contribution over the past two years.

Roger Thompson, who commenced as Chief Geologist in September 2007, will continue to lead the Company’s technical program. Roger has over 35 years experience as a geologist and has also worked in senior technical/commercial roles within the Western Australian Department of Industry and Resources.

For further information contact:

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Andrew Bantock Executive Chairman

28 November 2007

t: 08 9322 3960 m: 0412 125 799 e: [email protected] w: www.chalicegold.com