CHALICE MINING LIMITED — Director's Dealing 2008

Jul 29, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	CHALICE GOLD MINES LIMITED
ABN	47 116 648 956

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	A W Kiernan
Date of last notice	15 February 2007

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Central Manhattan Pty Ltd (ACN: 009 114078). Anthony Kiernan is a Director andShareholder of Central Manhattan Pty Ltd.
Date of change	30 July 2008
No. of securities held prior to change	240,074 ordinary shares500,000 $0.25 unlisted options exp 1 December2012
Class	Fully paid ordinary shares
Number acquired	250,000 fully paid ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	12 cents per share for a total cost of $30,000
No. of securities held after change	490,074 ordinary shares500,000 $0.25 unlisted options exp 1 December2012
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On market trade.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for acontract in relation to which the interesthas changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote:Ifconsiderationisnon-cash,providedetailsandanestimatedvaluation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2