CHALICE MINING LIMITED — Director's Dealing 2013

Jan 31, 2013

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	28 May 2012

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 and indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	Plato Prospecting Pty Ltd (ACN 008 964 896) astrustee for TRB Goyder Superannuation Fund.TimGoyderisthe sole Director andShareholder of Plato Prospecting Ltd and amember of the TRB Goyder SuperannuationFund.Lotaka Pty Ltd (ACN 008 839 192). Tim Goyderis the sole Director and Shareholder of LotakaPtyLtd.
Date of change	29 January 2013
No. of securities held prior to change	33,724,342 ordinary shares
Class	Ordinary shares
Number acquired	255,991
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration 255,991 ordinary shares acquired at 18 cents Note: If consideration is non-cash, provide per share (for a total of $46,078.38). details and estimated valuation No. of securities held after change 33,980,333 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 buyback

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	Detail of contract	Detail of contract	N/A	N/A	N/A	N/A
Nature of interest			N/A
N(	ame ofif id	registered holderiti	N/A
	ssue	secures)
D	ate of c	hange	N/A
NiNr	o. and	class of securities to which	N/A
	nterest rote: Detailelation to w	elated prior to changes are only required for a contract inhich the interest has changed
I	nterest a	cquired	N/A
Interest disposed	nterest 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

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade N/A to proceed during this period?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If prior written clearance was provided, on what date was this provided?

N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3