CHALICE MINING LIMITED — Capital/Financing Update 2015

May 25, 2015

ABN 47 116 648 956

ASX Announcement

26 May 2015

Resource and exploration drilling to commence at Canadian project

2,200m resource definition diamond drilling program to begin in June at Croteau Est gold property in Quebec

Chalice Gold Mines Limited (ASX: CHN, TSX: CXN) is pleased to advise that its first diamond drilling program is scheduled to commence by mid-June 2015 at the Croteau Est gold property in Quebec, Canada following its recently announced joint venture deal.

The Croteau Est Project (Chalice earning 65%) includes a coherent, well defined zone of plus 1 g/t Au mineralisation at the Croteau Bouchard Shear Zone (“CBSZ”) as well as several extensive, highly prospective geological trends with outstanding gold geochemical anomalies. The program will initially comprise a 12-hole, ~2,200m diamond drilling program to in-fill gaps within the currently defined (CBSZ) structural corridor (Figure 1) where a total of 44 diamond drill-holes have been previously completed.

This is expected to pave the way for a maiden 43-101/JORC standard resource estimate for the CBSZ, with all data to be submitted to an independent resource consultant for construction of a wireframe model.

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Figure 1: Location of planned drill collars (red collars) within the Croteau Bouchard Shear Zone (CBSZ)

In addition to the in-fill drilling program, a further 48 shallow Reverse Circulation (RC) holes will be completed in the vicinity of the CBSZ (Figure 2). Results from this RC drilling program should provide further information on the potential for mineralisation within the Croteau Fault and its inferred association with the CBSZ, and to provide targets for future diamond drilling.

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Figure 2: Location of planned reverse circulation drill collars (yellow collars)

Eight RC drill holes will also test a prominent magnetic target, located on the north-eastern part of the property (Figure 3).

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Figure 3: Location of planned reverse circulation drill holes to test a prominent magnetic target, located on the northeastern part of the property

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TIM GOYDER Managing Director

For further information, please contact: Tim Goyder, Managing Director Chalice Gold Mines Limited Telephone +61 9322 3960

For media inquiries, please contact: Nicholas Read Read Corporate Telephone: +618 9388 1474

About the Croteau Est Project

The Croteau Est Project is located near Chibougamau in Québec and comprises 213 claims covering 8,316 hectares which are 100%-owned by Northern Superior Resources Inc. (TSX-V: SUP) and 109 claims totaling 3,856 hectares which are under option to Northern Superior.

Under the Croteau Est agreement with Northern Superior, Chalice can earn a 65% interest in the property by spending a total of C$4 million on exploration over three years, with a minimum exploration commitment of C$500,000 in the first 12 months. Upon earning a 65% interest, the joint venture becomes a contributing joint venture which is subject to a standard dilution calculation.

The property is located close to a number of historical copper-gold mines in the Chapais-Chibougamou region. The project is well serviced by road, rail and air services, offering year-round access, and is located close to grid power.

The tenement package includes a 25km strike length of prospective stratigraphy, including 17 drill ready targets requiring immediate follow-up and a significant body of quartz-carbonate-sericite alteration and pyrite mineralisation which has been defined as the CBSZ. A total of 44 diamond drill-holes have been completed into the CBSZ.

Previous drilling has returned some outstanding intersections including 10.55m @ 10.63g/t Au from 179.95m (CRO11-05), 19.55m @ 8.55g/t Au from 90.75m (CRO12-10), 6.85m @ 21.32g/t Au from 240.65m (CRO12-46) (true widths of the drill hole intersections cannot be determined with the information currently available). A full listing of drill statistics for the CBSZ is provided in Appendix 1.

Competent/Qualifying Person Statement

The information in this report that relates to Exploration Results in relation to the Croteau Est Project is based on information compiled by Mr Gary Snow, who is a Fellow of the Australasian Institute of Mining and Metallurgy and is a Fellow of the Australian Institute of Geoscientists. Mr Snow is a full-time employee of the company and has sufficient experience in the field of activity being reported to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves, and is a Qualified Person under National Instrument 43-101 – ‘Standards of Disclosure for Mineral Projects’. The Qualified Person has verified the data disclosed in this release, including sampling, analytical and test data underlying the information contained in this release. Mr Snow consents to the release of information in the form and context in which it appears here.

The information relating to the Croteau Est Project is extracted from the ASX Announcement entitled “Chalice expands North American presence with farm-in deal on advanced and highly prospective Canadian gold project” released on 22 April 2015 and is available to view at www.chalicegold.com. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company

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confirms that the form and context in which the Competent Person’s findings are presented have not materially modified from the original market announcement.

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Figure 4: Croteau Est Location, Québec

Forward Looking Statements

This document may contain forward-looking information within the meaning of Canadian securities legislation and forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). These forward-looking statements are made as of the date of this document and Chalice Gold Mines Limited (the Company) does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law or regulation.

Forward-looking statements relate to future events or future performance and reflect Company management’s expectations or beliefs regarding future events and include, but are not limited to, statements regarding the quantum and price of shares to be acquired under a share buyback, the estimation of mineral reserves and mineral resources, the realisation of mineral reserve estimates, the likelihood of exploration success, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage.

In certain cases, forward-looking statements can be identified by the use of words such as plans, expects or does not expect, is expected, budget, scheduled, estimates, forecasts, intends, anticipates or does not anticipate, or believes, or variations of such words and phrases or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others; risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of mineral resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry, as well as those factors detailed from time to time in the Company’s interim and annual financial statements, all of which are filed and available for review on SEDAR at sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward-looking statements.

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APPENDIX 1: Croteau Est - drill table statistics CBSZ

Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
CRO11_01	530721.5	5535642.4	373.2	UTM NAD83-Z18	1.7	-45.23	300	10.2	11.2	1	1.44
								19.9	21.9	2	1.84
								29.6	29.9	0.3	4.15
								41.1	45.5	4.4	2.17
								75.5	76.5	1	1.58
								109.8	110.4	0.6	1.71
								114.4	115.4	1	0.56
CRO11_02	530720.5	5535640.4	373.5	UTM NAD83-Z18	0	-60	396	8	9	1	1.03
								24.6	25.2	0.6	0.62
								29.25	30	0.75	0.65
								29.25	31.25	2	0.54
								30.75	31.25	0.5	0.53
								44.75	48.13	3.38	1.13
								52.5	53.5	1	0.67
								54.6	55.3	0.7	0.65
								63	65	2	2.06
								69.25	73.25	4	1.29
								90.3	97.5	7.2	1.43
								103.25	103.8	0.55	3.72
								135.7	139	3.3	0.74
								145	146	1	2.12
CRO11_03	530723.1	5535789.6	374.7	UTM NAD83-Z18	184.1	-43.77	309	82	83	1	0.63
								135	140	5	0.98
								145	148.25	3.25	0.50
								152	153	1	0.51
								163	164	1	0.87
								173	174	1	1.54
								176.35	177.5	1.15	3.09
								193.75	196.75	3	0.62
								199	204	5	1.26
								208.85	211	2.15	2.29
								214	219	5	0.73
CRO11_04	530748.8	5535831.6	371.2	UTM NAD83-Z18	360	-45	396	79	80.4	1.4	1.25
CRO11_05	530719.1	5535543.6	373	UTM NAD83-Z18	1.2	-60.19	351	155.35	156	0.65	0.51
								158.85	159.7	0.85	0.52
								170.15	177.5	7.35	10.24
								179.95	190.5	10.55	10.63
								181.75	187	5.25	20.56
								188.5	190.5	2	1.73
								196	197	1	0.88
								201	202	1	1.79
								214.5	215.25	0.75	1.07
								240.7	245.1	4.4	2.24

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Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
								254.2	255.6	1.4	0.69
								286.8	287.5	0.7	0.71
CRO11_06	530663.8	5535626.4	372.6	UTM NAD83-Z18	358.2	-45.6	237	15.55	18	2.45	8.53
								28	38	10	2.88
								31.25	34	2.75	1.23
								35.1	36	0.9	0.70
								37.2	38	0.8	0.56
								42	42.75	0.75	0.81
								48.3	48.8	0.5	7.80
								54.8	55.6	0.8	0.92
								61.75	64.5	2.75	1.59
								71	81.15	10.15	1.34
								84	87.5	3.5	0.72
								118	119.05	1.05	1.88
								121.6	122.3	0.7	0.66
								125.65	126.3	0.65	0.69
								129	130	1	9.64
								143.3	144	0.7	2.46
								173.3	173.7	0.4	0.87
CRO11_07	530663.8	5535626.4	372.6	UTM NAD83-Z18	360	-45	27	12.25	14.7	2.45	1.18
								25	27	2	2.70
CRO11_08	530663.8	5535626.4	373.3	UTM NAD83-Z18	357.4	-60.36	303	18.5	19.1	0.6	0.61
								25	35	10	2.52
								47	51	4	1.47
								56	56.6	0.6	1.06
								78.4	79	0.6	1.64
								84	85.5	1.5	1.89
								94	96	2	1.71
								98.4	101.5	3.1	2.12
								104	104.8	0.8	3.42
								107.9	108.6	0.7	3.34
								117	119	2	2.05
								129	129.6	0.6	0.66
								131.95	132.4	0.45	6.87
								136	137	1	0.96
								139.7	141	1.3	0.75
								144	145	1	0.65
								154.55	155.2	0.65	8.16
								159.7	160.3	0.6	1.64
								163	163.7	0.7	0.82
CRO12_09	530617.8	5535604.4	372.5	UTM NAD83-Z18	358.7	-43.81	201	38	38.75	0.75	1.47
								39.2	39.5	0.3	1.17
								47.55	47.95	0.4	0.73
								66	67	1	0.72
								83	91.75	8.75	0.54

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Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
								110	111.7	1.7	1.78
								117	117.95	0.95	1.57
								130	131.15	1.15	3.85
CRO12_10	530617.83	5535604.4	372.6	UTM NAD83-Z18	360	-58.62	278	58	58.8	0.8	9.84
								77.4	81	3.6	1.65
								84.35	85	0.65	0.64
								90.75	110.3	19.55	8.55
								115.2	116	0.8	3.08
								133.55	134.3	0.75	0.72
								164	165	1	0.84
CRO12_11	530564	5535600	371.6	UTM NAD83-Z18	355.1	-45.68	180	74	76	2	1.30
								91	97.6	6.6	1.03
								100	108.3	8.3	2.10
CRO12_12	530564.4	5535600	371.7	UTM NAD83-Z18	359.4	-59.66	267	82	83	1	0.55
								86	87	1	0.95
								93.3	95	1.7	1.68
								102	103	1	1.40
								108	109	1	0.57
								112	119	7	1.88
								125	128	3	0.76
								131	132	1	1.60
								149	151	2	1.36
								178	179	1	0.99
CRO12_13	530771.6	5535603.2	374.1	UTM NAD83-Z18	5	-45.26	201	63.75	64.5	0.75	0.53
								81	82	1	0.71
								93	94	1	0.60
								106	107	1	2.85
								128	129	1	0.69
CRO12_14	530771.6	5535603.2	374.1	UTM NAD83-Z18	4.2	-59.5	306	111	113	2	0.67
								170.6	171.75	1.15	1.98
								194	194.55	0.55	1.61
								220	221	1	0.64
								227	228	1	0.74
								235.2	235.4	0.2	1.40
								274	275	1	2.06
CRO12_15	530822.1	5535600.4	371.6	UTM NAD83-Z18	359.4	-46.46	297	72	73	1	0.60
								76.8	78	1.2	2.63
								85.1	86	0.9	3.61
								96	97	1	0.54
								109	110	1	1.04
CRO12_16	530822.1	5535600.4	371.7	UTM NAD83-Z18	355.1	-60.43	330	10.4	10.9	0.5	2.14
								84.65	85.5	0.85	2.56
								120	122	2	1.19
								166	167	1	1.83

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Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
								190	191	1	0.86
								210	213	3	0.75
								218	220.5	2.5	0.61
								228	231.7	3.7	0.66
								244.5	246.1	1.6	2.81
								285	286	1	0.57
CRO12_21	530520.5	5535604	370	UTM NAD83-Z18	360	-45	213	59.15	59.65	0.5	34.50
								67.4	68	0.6	1.82
								71	75	4	0.82
								85	87	2	0.73
								97.6	101.6	4	2.53
								104	105	1	2.25
								115.8	119	3.2	2.93
								128	131	3	2.29
CRO12_22	530520.5	5535604	370	UTM NAD83-Z18	360	-60	273	71	72.55	1.55	6.84
								75.6	76.3	0.7	0.66
								91	92	1	2.90
								97	105	8	1.14
								108.8	109.3	0.5	1.02
								115.8	117	1.2	0.65
								130	132	2	1.62
CRO12_23	530464.32	5535591	370	UTM NAD83-Z18	360	-45	171	56	60	4	1.11
								140.35	141	0.65	2.04
								141.5	142	0.5	4.02
CRO12_24	530464.3	5535591	370	UTM NAD83-Z18	360	-60	252	68	70	2	1.51
								79	79.8	0.8	1.08
								189	189.6	0.6	0.51
								192	192.55	0.55	1.07
CRO12_25	530414	5535600.4	370	UTM NAD83-Z18	360	-45	177	36	37	1	3.54
								143.75	144.5	0.75	5.07
								149	150.12	1.12	1.95
CRO12_26	530414	5535600.4	370	UTM NAD83-Z18	360	-60	252	112	112.7	0.7	1.04
								120	121	1	0.62
								175	176	1	1.61
								180	181.5	1.5	1.31
								199	200	1	0.75
CRO12_29	530665.6	5535536.8	370	UTM NAD83-Z18	357	-60	276	106	107	1	0.80
								117	118	1	0.87
								146	150	4	1.45
								153.6	154.2	0.6	3.59
								171.6	181.35	9.75	3.50
								189	190.5	1.5	3.53
								196.25	201	4.75	1.62
								205.7	206.2	0.5	0.75

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Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
								216	218.72	2.72	1.99
								226.7	230	3.3	0.75
								236	238.5	2.5	0.86
CRO12_30	530717.2	5535445.6	373	UTM NAD83-Z18	358.5	-62.81	477	203.6	204.4	0.8	4.72
								314	314.45	0.45	1.13
								333.45	335.5	2.05	1.42
								338.75	343.75	5	0.71
								357	358	1	0.75
								361.35	362	0.65	1.15
								397	414	17	0.94
CRO12_31	530653	5535442.4	372.2	UTM NAD83-Z18	358.4	-66	426	197.1	198	0.9	0.68
								275.4	278.6	3.2	1.29
								280.75	281.4	0.65	0.64
								316.1	335.2	19.1	1.94
								353.6	356.95	3.35	0.82
								367.35	367.95	0.6	0.61
								370	372	2	1.78
								388.35	389.25	0.9	2.17
CRO12_32	530619.8	5535513.6	372.1	UTM NAD83-Z18	1.3	-66.5	336	68	70.5	2.5	0.84
								78.65	80	1.35	0.56
								231	234.4	3.4	1.49
								244	245	1	2.58
								253.65	256.6	2.95	4.54
								268.5	271.25	2.75	1.36
								278.95	279.5	0.55	4.46
								287	288	1	0.66
CRO12_33	530562.6	5535496.6	372.2	UTM NAD83-Z18	1.2	-55.95	345	204.75	206.2	1.45	0.87
								212	213	1	0.60
								267.25	270.35	3.1	3.84
CRO12_34	530823	5535538	371.8	UTM NAD83-Z18	357.9	-60.76	393	72	72.5	0.5	0.55
								156.4	156.7	0.3	5.55
								160.25	167.9	7.65	3.08
								171.85	177	5.15	1.16
								181	188.05	7.05	2.18
								191.3	196.25	4.95	0.59
								198.6	199.3	0.7	1.98
								222.5	233.15	10.65	2.88
								238.55	250.15	11.6	3.17
								305	306	1	1.56
CRO12_35	530820	5535446	372.6	UTM NAD83-Z18	3	-60	441	33	34	1	0.64
								282.25	284.7	2.45	0.90
								287.75	288.3	0.55	0.69
								294	299	5	0.73
								331	331.55	0.55	0.50

9

Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
								353	353.4	0.4	49.40
								359	360	1	0.59
								367	370	3	1.36
CRO12_36	530717.8	5535259	372.7	UTM NAD83-Z18	5.2	-67.38	657	141.4	142.4	1	0.76
								281.75	282.5	0.75	0.69
								286.8	287.25	0.45	0.71
								517.6	519	1.4	0.63
								528.95	530.25	1.3	1.40
								533	535.25	2.25	0.79
								540.25	542.25	2	4.47
								545.4	549.75	4.35	2.96
								558	566	8	1.51
								570	570.75	0.75	0.78
								582.75	586.25	3.5	0.95
CRO12_37	530770	5535524	377	UTM NAD83-Z18	1	-61	362.4	201.8	202.25	0.45	0.64
								211	213	2	0.65
								215.25	215.65	0.4	1.12
								216.5	217.15	0.65	1.06
								224	225	1	0.55
								227	228	1	0.84
								230.9	231.35	0.45	0.89
								262	270.75	8.75	1.36
								300	301	1	0.95
CRO12_38	530866	5535539.6	378.4	UTM NAD83-Z18	4.3	-58.28	339.8	139.7	140.55	0.85	2.91
								151	152	1	0.80
								162	164.2	2.2	0.62
								167	167.6	0.6	0.93
								171	172	1	0.65
								186	187.25	1.25	1.85
								194	195	1	4.20
								206	214.8	8.8	2.74
								220	231	11	1.19
								236	243	7	0.72
								285.6	286.3	0.7	0.63
CRO12_39	530569	5535416	373.8	UTM NAD83-Z18	358.8	-58.43	406	43.37	43.72	0.35	23.50
								277	278	1	0.57
								359.43	361.7	2.27	1.57
CRO12_41	530915.6	5535532	376.3	UTM NAD83-Z18	358.6	-58.19	346	153.35	155.2	1.85	28.04
								170.35	180	9.65	1.78
								185.7	199.5	13.8	0.93
								207.45	220	12.55	2.29
								223.5	227	3.5	1.66
								232	235.2	3.2	0.93
								240	246	6	0.94
								249	250.2	1.2	1.77

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Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
								253	259	6	0.86
								263.7	264.45	0.75	0.54
								268.65	270.65	2	1.96
								273	273.5	0.5	0.74
								275.5	276.1	0.6	1.47
								284	287	3	0.77
								301.5	305.75	4.25	1.09
CRO12_42	530519.3	5535455.6	373.1	UTM NAD83-Z18	0.4	-59.71	400	258	260	2	0.90
								276.45	278.2	1.75	6.53
								305.32	307.63	2.31	2.28
								358	358.5	0.5	1.06
								361	362	1	1.95
CRO12_43	530970.9	5535538.4	372.5	UTM NAD83-Z18	1.5	-60.13	444	175.55	178.55	3	0.86
								200.7	205.7	5	1.87
								209.7	211.7	2	1.73
								216.9	221.4	4.5	0.76
								226.4	227.2	0.8	0.59
								246.85	247.36	0.51	1.82
								327.5	328.5	1	0.55
								332.2	338.7	6.5	0.61
CRO12_44	530519.3	5535455.6	373.1	UTM NAD83-Z18	0.9	-45.68	340	222.3	222.73	0.43	0.64
								223.7	224.7	1	0.53
								231.5	233.5	2	2.03
								304	306.38	2.38	1.11
CRO12_45	530916.5	5535461.6	373.8	UTM NAD83-Z18	356.6	-56.84	512	262	267.4	5.4	1.38
								293	294.07	1.07	0.71
								298	299	1	2.85
								303	304	1	0.69
								318	319	1	1.81
								354	355	1	4.13
								400.88	401.88	1	0.65
								426	427.8	1.8	1.86
CRO12_46	531023.8	5535537.6	374.2	UTM NAD83-Z18	0.4	-59.51	478.2	152	155	3	1.52
								165.5	166	0.5	0.52
								168.7	172	3.3	0.87
								216.9	217.75	0.85	3.34
								221.57	226.8	5.23	1.23
								228.9	229.55	0.65	4.51
								240.65	247.5	6.85	21.32
								252.35	253.55	1.2	1.05
								274	275	1	1.17
								283.9	291	7.1	2.15
								294	295	1	1.50
								299.75	301	1.25	1.03
								305.5	306.5	1	1.00

11

Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
								310	317	7	0.57
								339	340	1	1.37
								343.5	344.5	1	0.54
								351.5	352.1	0.6	1.04
								457.3	458	0.7	0.58
CRO12_47	531026.8	5535434	375.4	UTM NAD83-Z18	2.8	-58.02	436	331	334	3	2.14
								348.2	349	0.8	2.45
								359.26	360.18	0.92	0.80
CRO12_48	531069.8	5535534.4	374.3	UTM NAD83-Z18	3.1	-57.5	421	153.3	153.7	0.4	1.44
								157	159	2	1.46
								161.1	162	0.9	1.92
								165.8	168.35	2.55	1.44
								170.75	171.8	1.05	3.90
								245	247	2	1.79
								265.7	266.7	1	3.91
								274.5	275.1	0.6	0.62
								284.6	285.4	0.8	2.06
								291.9	292.9	1	2.39
								297.6	298.6	1	0.59
								363.25	364	0.75	1.24
CRO12_49	531116.4	5535532	377	UTM NAD83-Z18	0.6	-58.46	433	205.4	206.1	0.7	0.92
								270.4	273	2.6	9.49
								283.5	284	0.5	3.05
								288	288.6	0.6	0.66
								294	294.65	0.65	0.74
								298	299	1	0.71
								304.6	305.1	0.5	0.53
								307	307.75	0.75	0.85
								313.35	314	0.65	10.55
								334	334.8	0.8	0.57
								343.8	345.15	1.35	1.46
								355.4	356	0.6	1.10
								357.5	358	0.5	0.91
CRO12_50	531122.9	5535427.2	378.7	UTM NAD83-Z18	4.7	-58.27	523	487.6	487.9	0.3	2.12
								494.2	497.2	3	2.61
CRO12_51	531169.3	5535528.4	374.8	UTM NAD83-Z18	359.7	-56.68	421	319	323	4	1.32
								330	336	6	0.69
								361	364.65	3.65	0.89
								370.75	371.3	0.55	0.60
								375.9	382	6.1	0.62
								384.15	386	1.85	0.75
CRO12_53	531270.1	5535546.6	377.8	UTM NAD83-Z18	2.7	-51.67	387	312.8	313.2	0.4	1.38
CRO12_54	530924	5535261.6	375.2	UTM NAD83-Z18	5.7	-65.84	793	526.8	527.8	1	0.62
								531.8	532.2	0.4	0.74

12

Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
								537.2	540.9	3.7	2.74
								551.5	554.5	3	0.91
								589.6	589.9	0.3	1.07
								598.9	600	1.1	1.51
								621.7	622	0.3	0.72
								657	665	8	0.60
								672.4	673.2	0.8	0.93
								674.4	675.4	1	0.50
								679.7	685	5.3	4.19
								730.6	733.2	2.6	8.71
CRO12_55	531371.5	5535633.6	372.6	UTM NAD83-Z18	4.2	-51.8	475	106.65	107.25	0.6	5.76
CRO13_56	530870	5535600	370	UTM NAD83-Z18	360	-51	249.7	28.5	29.4	0.9	8.25
								38	38.55	0.55	0.82
								43.65	44.55	0.9	0.57
								52.1	53.7	1.6	0.54
								57.5	58.25	0.75	0.94
								92	93	1	1.18
								126.5	128.7	2.2	2.34
								142.65	143.55	0.9	0.61
								213.7	214.7	1	0.98
CRO13_57	530920	5535600	370	UTM NAD83-Z18	360	-51	262	79.2	85	5.8	0.75
								88.5	91.6	3.1	0.82
								123	124	1	2.19
								131	131.5	0.5	1.22
								134	135	1	0.52
								154	155	1	3.36
								160	160.9	0.9	0.54
								165	168	3	0.90
								173	173.7	0.7	1.72
								227.8	228.3	0.5	1.20
								250	251	1	0.85
								255	256	1	5.32
CRO13_58	531025	5535625	370	UTM NAD83-Z18	360	-51	250	29	29.5	0.5	1.02
								32.1	36	3.9	0.64
								39	40	1	0.53
								43.35	44	0.65	0.83
								51.8	52.85	1.05	2.31
								57.75	61	3.25	0.78
								111	112.3	1.3	2.27
								122	124.55	2.55	0.54
								131	131.75	0.75	0.52
								139.9	141.25	1.35	1.62
								216.7	217.8	1.1	0.91
CRO13_60	530520	5535400	370	UTM NAD83-Z18	360	-45	75	67	68	1	0.58

13

Hole ID	Easting	Northing	Elevati on	Coordinate System	Azimu th	Dip	EOH (m)	From (m)	To (m)	Length (m)	Au (g/t)
CRO13_61	530470	5535400	370	UTM NAD83-Z18	360	-45	84	25.2	26	0.8	2.77
CRO13_62	530420	5535400	370	UTM NAD83-Z18	360	-45	102	27.8	29.4	1.6	0.57
								33.8	34.4	0.6	0.64
								38	38.55	0.55	5.63

14