CHALICE MINING LIMITED — Director's Dealing 2009

Oct 12, 2009

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	Tim R B Goyder
Date of last notice	7 September 2009

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 or indirect interest	Direct or indirect interest	Direct or indirect interest	Direct and indirect	Direct and indirect	Direct and indirect	Direct and indirect	Direct and indirect
	Nature of indirect intere		st		Plato Prospecting Pty Ltd		(ACN 008 964 896).
	(including rNote: Provide detinterest	gistered hoails of the circu	der)mstances giving rise	to the relevant	Tim Goyderof Plato Pro	is the sole Dirspecting Ltd.	ector and Shar	eholder
	.				Plato Prospe	cting Pty Ltd (	ACN 008 964	896) as
					trustee forTim Gode	TRB Goyderis the sole Dir	Superannuatioctor and Sha	n Fund.eholder
					yof Plato Pr	ospecting Ltd a	nd a member	of the
					TRB Goyder Superannuation Fund.Lotaka Pty Ltd (ACN 008 839 192). Tim Goyderis the sole Director and Shareholder of Lotaka PtyLtd.
	Date of change				9thto 12thOctober 2009
	No. of securities held prior to change				19,765,206 ordinary shares2,000,000 $0.25 unlisted options exp 21 March2011
	Class				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 acquired	186,000 fully paid ordinary shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$72,900 (average price of 39.19 cents per share)
No. of securities held after change	19,951,206 ordinary shares2,000,000 $0.25 unlisted options exp 21 March2011
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On market purchase

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: If consideration is non-cash,provide details and an estimatedvaluation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2