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	Dr Douglas Jones
Date of last notice	24 September 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.	Mrs Margaret Jones is the spouse of DrJones.Eburnean Superfund – Dr Jones is thetrustee and beneficiary of the EburneanSuperfund.D&M Jones Family Trust – Dr Jones is thetrustee.
Date of change	14 December 2012
No. of securities held prior to change	296,278 fully paid ordinary shares.1,250,000 unlisted options with an exerciseprice of 35 cents, a vesting date of 31 March2010, with an expiry date of 31 March 2014.1,250,000 options with an exercise price of45 cents vesting on 31 March 2011, with anexpiry date of 31 March 2014.
Class	Unlisted options

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	N/A
Number disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	296,278 fully paid ordinary shares.
	1,250,000 unlisted options with an exercise
	price of 25 cents, a vesting date of 31 March
	2010, with an expiry date of 31 March 2014.
	1,250,000 options with an exercise price of
	35 cents vesting on 31 March 2011, with an
	expiry date of 31 March 2014.
Nature of change	As a result of the capital return approved by
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation in	shareholders on 30 November 2012 and in
buy-back	accordance with the Company’s Employee
	Share Option Plan and the ASX Listing Rules,
	the exercise price of each option on issue
	has been reduced by 10 cents. The number
	of options on issue to Dr Jones has not
	changed.

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	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

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.

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