ABN 47 116 648 956

ASX Announcement 4 October 2012 Agreement to sell residual interest in the Gnaweeda Gold Project terminated Chalice Gold Mines Limited (ASX: CHN/TSX: CXN) advises that, further to the announcement dated 13 June 2012, Chalice has terminated the agreement to sell its remaining 13.5% interest in the Gnaweeda Gold Project to Archean Star Resources Inc because of non-performance by Archean Star.

Chalice will now revert to its 13.5% interest in the Project with all commensurate rights.

DOUG JONES Managing Director

For further information, please contact:


Doug Jones, Managing Director Chalice Gold Mines Limited Telephone +61 9322 3960

For media inquiries, please contact:

Nicholas Read
Read Corporate
Telephone: +618 9388 1474

Chalice Gold Mines Limited, Level 2, 1292 Hay Street, West Perth, Western Australia T: +618 9322 3960 F: +618 9322 5800 E: info@chalicegold.com www.chalicegold.com
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