CHALICE MINING LIMITED — Director's Dealing 2012

Dec 17, 2012

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	Stephen Quin
Date of last notice	26 November 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 and direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Registeredretirementsavingsplan–agent/trustee is Raymond James
Date of change	14 December 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	26,321 fully paid ordinary shares750,000 unlisted options expiring 30 April2014 as follows:187,500 options with an exercise price of 55cents vesting on issue.187,500 options with an exercise price of 65cents vesting on 30 April 2011.187,500 options with an exercise price of 75cents vesting on 30 April 2012.187,500 options with an exercise price of 75cents vesting on 30 April 2013.
Class	Unlisted options
Number acquired	N/A
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	N/A
No. of securities held after change	26,321 fully paid ordinary shares.750,000 unlisted options expiring 30 April2014 as follows:187,500 options with an exercise price of 45cents vesting on issue.187,500 options with an exercise price of 55cents vesting on 30 April 2011.187,500 options with an exercise price of 65cents vesting on 30 April 2012.187,500 options with an exercise price of 65cents vesting on 30 April 2013.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

	Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	As a result of the capital return approved byshareholders on 30 November 2012 and inaccordance with the Company’s EmployeeShare Option Plan and the ASX Listing Rules,the exercise price of each option on issuehas been reduced by 10 cents. The numberof options on issue to Mr Quin has notchanged.

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 a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

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.

01/01/2011 Appendix 3Y Page 3