CHALICE MINING LIMITED — Director's Dealing 2010

Sep 23, 2010

Appendix 3Y Change of Director’s Interest Notice

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	Stephen Quin
Date of last notice	3 May 2010

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	Indirect
Nature of indirect interest	Registered	Retirement	Savings	Plan	-
(including registered holder)	agent/trustee is Raymond James
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	21 – 23 September 2010
No. of securities held prior to change	Nil
Class	Fully paid ordinary shares
Number acquired	26,321
Number disposed	Nil
Value/Consideration	$11,055 (at	42 cents per share)
Note: If consideration is non-cash, provide details and estimated
valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	26,321 fully paid ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	26,321 fully paid ordinary shares were acquiredas a result of Mr Quin sub-underwriting acomponent of the shortfall in relation to theChaliceGoldMines’EntitlementsOfferProspectus dated 17 August 2010.

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