CHALICE MINING LIMITED — Director's Dealing 2011

Jul 20, 2011

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 30/09/01 Amended 01/01/11

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	31 March 2011

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 and indirect	Direct and indirect	Direct and indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.		Plato Prospecting Pty Ltd (ACN 008 964 896) astrustee for TRB Goyder Superannuation Fund.Tim Goyder is the sole Director and Shareholderof Plato Prospecting Ltd and a member of theTRB Goyder Superannuation Fund.Lotaka Pty Ltd (ACN 008 839 192). Tim Goyderis the sole Director and Shareholder of Lotaka PtyLtd.
			oyer uperLotaka Pty Ltd (AC	nnuaon un.N 008 839 192). Tim Go
			is the sole DirectorLtd.	and Shareholder of Lotak
	Date of chane		20 Jul 2011
	g		y
	No. of securities held prior to change		27,257,249 ordinary	shares
	Class		ordinary shares
	Number acquired		500,000 ordinary shares
	Number disposed		Nil
	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation		28.5 cents per share (for a total of $142,500)
	No. of securities held after change		27,757,249 ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change On market purchase Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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.

	Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	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	On market purchase
’
Part 2 – Change of directors interests in contractsI h f i hih ihi h ii f h dfiii f “ifibl i f				i” hld b dild
Note: n te case o a company, nterests wc come wtn paragrap () o te enton o notae nterest o ain this part.				rector sou e scose
	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 a contract in relationto which the interest has changed	N/A
	Interest acquired	N/A
	Interest disposed	N/A
	Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
	Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011