Chalice Gold Mines Limited - Press Release

Symbol:  ASX: CHN TSX:  CXN
Shares outstanding: 250 million
Fully diluted: 258 million

PERTH, WESTERN AUSTRALIA, July 30, 2012 /CNW/ - Chalice Gold Mines ("the Company") ASX:CHN TSX:CXN advises that its Activity and Cash Flow Reports for the quarter ended June 30, 2012 have been issued today.  The full texts of these reports are available at the Company's website www.chalicegold.com and under the Company's profile at www.sedar.com.

Quarterly Highlights

  • Sale of Zara Project to SFECO expected to be completed in August 2012
  • Shareholder approval obtained for the sale of the Zara Project
  • 5,000m diamond drill program commenced at Mogoraib North VMS project to test multiple bedrock conductor targets
  • New gold occurrence identified on Mogoraib North

SOURCE: Chalice Gold Mines Limited

For further information:

Tim Goyder, Executive Chairman
Dr 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


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