CHALICE MINING LIMITED — Director's Dealing 2010

Jun 7, 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	Dr Doug Jones
Date of last notice	16 November 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Mrs Margaret Jones is the spouse of Dr DougJonesEburnean Superfund – Dr Jones is the trustee andbeneficiary of the Eburnean Superfund.
Date of change	4 June 2010
No. of securities held prior to change	185,000 fully paid ordinary shares1,250,000 unlisted options with and exercise priceof 35 cents, a vesting date of 31 March 2010 andan expiry date of 31 March 2014.1,250,000 unlisted options with and exercise priceof 45 cents, a vesting date of 31 March 2011 andan expiry date of 31 March 2014.
Class	Fully paid ordinary shares
Number acquired	50,000

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation		$24,000 (50,000 at $0.48 per share)
No. of securities held after change		235,000 fully paid ordinary shares1,250,000 unlisted options with and exercise priceof 35 cents, a vesting date of 31 March 2010 andan expiry date of 31 March 2014.1,250,000 unlisted options with and exercise priceof 45 cents, a vesting date of 31 March 2011 andan expiry date of 31 March 2014.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back		O k h
	ature of changexample: on-market trade, off-market trade, exercise of options, issue ofcurities under dividend reinvestment lan articiation in bu-back	n maret purcase

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.

	art 2 – Change of director’s interee: In the case of a company, interests which come within para	art 2 – Change of director’s interee: In the case of a company, interests which come within para	sts in contractsgraph (ii) of the definition of “notifiable interest of a director” should be disclosed	sts in contractsgraph (ii) of the definition of “notifiable interest of a director” should be disclosed
	his part.
Detail of contract	etail of contract	N	/A
Nature of interest		N/A
Name of registered holder(if issued securities)		N/A
Date of change		N/A
	ae o cange
NiNch	o. and class of securities to whichnterest related prior to changeote: Details are only required for aontract in relation to which the interestas changed	N/A
I	nterest acquired	N/A
I	nterest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash,provide details and an estimatedvaluation	alue/Considerationote: If consideration is non-cash,rovide details and an estimatedaluation	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest after change N/A

• See chapter 19 for defined terms.

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