Transaction will deliver to Chalice a significant cash balance to pursue growth opportunities in Eritrea and elsewhere Symbol: ASX:

New results confirm that mineralisation at Koka South extends to depth and remains open Symbol:  ASX: CHN TSX:  CXN Shares outstanding:  250 million Fully

111 metres @ 1.41g/t gold confirms potential for significant new discovery at Debre Konate Symbol: ASX: CHN TSX:  CXN Shares outstanding: 250 million Fully

Symbol:  ASX: CHN TSX:  CXN Shares outstanding:    250 million Fully diluted: 258 million PERTH, Western Australia, Dec.

Symbol:  ASX: CHN TSX:  CXN Shares outstanding: 250 million Fully diluted: 258 million PERTH, Western Australia, Nov.