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CHALICE MINING LIMITED Major Shareholding Notification 2006

Mar 26, 2006

64649_rns_2006-03-26_852da25b-941b-46bb-a241-866173a5f78a.pdf

Major Shareholding Notification

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Bullion Minerals Limited Level 2, 1292 Hay Street, West Perth WA 6005 GPO Box 2890 Perth WA 6001 Phone: (08) 9322 3990 Fax: (08) 9322 5800 Email: [email protected] Website: www.bullionminerals.com

ASX Release

27 March 2006

NOTICE OF INITIAL INTERESTS OF SUBSTANTIAL SHAREHOLDER -CHALICE GOLD MINES LIMITED

Bullion Minerals Limited advises its initial substantial shareholding in Chalice Gold Mines Limited. Bullion Minerals Limited holds 35,000,000 ordinary shares in the Company.

Yours faithfully BULLION MINERALS LIMITED

Richard Hacker Company Secretary