CHALICE GOLD MINES LIMITED(CHN)

name changed to Chalice Mining Limited

The suspension of trading in the securities of Chalice Gold Mines Limited will be lifted from the commencement of trading on Wednesday, 15 April 2020, following the release by CHN of an announcement regarding assay results from the current drilling program at the Julimar Nickel-Copper-PGE Project.

Exciting new results received from RC drilling at the Julimar Nickel-Copper-PGE Project, ~70km northeast of Perth in Western Australia, following the recently reported discovery hole JRC001. A new, shallow, high-grade Pd-Ni-Cu zone has been intersected in JRC006, ~60m east of JRC001 (19m @ 8.4g/t Pd, 1.1g/t Pt, 2.6% Ni, 1.0% Cu and 0.14% Co from 48m). Assay results have been received for the first 80m only. All six RC drill holes assayed to date have intersected broad zones of significant palladium mineralisation with associated base metals, and three RC drill holes have ended in mineralisation "“ confirming the large scale potential of the newly-named Gonneville Intrusive. The Gonneville Intrusive is modelled as a ~1.6km long x ~0.7km wide chonolith (irregular shaped intrusive body) "“ a favourable geometry for large-scale magmatic sulphide deposits globally including Jinchuan in China and Kabanga in Tanzania. The broad zones are associated with trace to c. 5-10% disseminated sulphides (pyrite, pyrrhotite, chalcopyrite) in serpentinised (altered) ultramafic.All other PGE assays (ruthenium, rhodium, osmium and iridium) remain pending. An RC and diamond rig are currently drilling and down-hole EM (DHEM) continues to generate off-hole targets that are interpreted to be massive sulphide zones. The 100%-owned Julimar Project covers the entirety of the ~26km x 7km Julimar Intrusive Complex that is largely under cover and had previously never been explored for nickel-copper-PGEs. Chalice remains fully funded to continue its systematic exploration programs in Western Australia and Victoria, with a current working capital and investments balance of ~$25 million (~$0.09 per share).

The company expects the suspension to remain in place until the earlier of the commencement of trading on Wednesday, 15 April 2020, or the release of the announcement.

The securities of Chalice Gold Mines Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of CHN, pending the release of an announcement regarding assay results from the current drilling program at the Julimar Nickel-Copper-PGE Project.

The suspension of trading in the securities of Chalice Gold Mines Limited will be lifted from the commencement of trading on Monday, 23 March 2020, following the release by CHN of an announcement regarding drilling results.

The first drill hole at the Julimar Project in Western Australia (JRC001) has intersected. Other Platinum Group Element and cobalt assays are pending. The mineralisation is hosted within a lens-shaped, ~2km x 0.5km layered ultramafic-mafic intrusion and remains open in all directions. The massive sulphide zone coincides with a strong, discrete Moving-Loop Electromagnetic conductor, indicating that MLEM is an effective targeting tool for shallow sulphides in the area. A further three high-priority MLEM targets to the north-east of JRC001 will be drilled over the coming weeks and an additional four targets are being evaluated. The 100%-owned Project is located ~70km north-east of Perth and covers the entirety of a ~26km x 7km layered ultramafic-mafic intrusive complex, that is largely under cover and has never been explored for nickel. "¢ Due to the significance of the discovery in a relatively new province, Chalice has expanded its regional licence holding significantly with >2,300km2 of new licence applications and is also evaluating potential regional targets on existing granted tenure. In addition to the RC rig at Julimar, three rigs are continuing to drill at the Company's >5,000km2 Pyramid Hill Gold Project in the Bendigo Region of Victoria. "¢ Despite challenging global market conditions, Chalice remains fully funded to continue its systematic exploration programs in Western Australia and Victoria, with a current working capital and investments balance of ~$23 million (~$0.08 per share) as of 20 March 2020.

The securities of Chalice Gold Mines Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of CHN, pending the release of an announcement regarding assay results at the Julimar Nickel Project.

we understand that on or about this date the company made a capital return of 4 cents per share

we understand that on or about this date the company undertook, proposed to undertake or was the subject of the following corporate action: - Chalice will directly or indirectly acquire all of the issued and outstanding shares of Coventry Resources Inc.'s subsidiaries, from Coventry in exchange for 46,000,000 fully paid ordinary shares in the capital of Chalice - this corporate event may appear elsewhere in this company record

we understand that on or about this date the company made a capital return of 10 cents per share

we understand that on or about this date the company made a capital return of 10 cents per share

listed entity carried for record purposes only