spectacular drilling results

Chalice Gold Mines Limited (ASX: CHN) is pleased to advise that a resource
upgrade at the Koka deposit at its Zara Gold Project in Eritrea is imminent
following the receipt of more high-grade infill drilling results.
The new results, which are the last from the infill drilling program at Koka,
come from diamond drill holes ZARD 143 and ZARD145 to 157 from within the
Koka Main Zone. Significant intersections included:
7 metres grading 18.71 grams of gold per tonne in ZARD143;
5 metres grading 40.28 grams of gold per tonne in ZARD146;
23 metres grading 5.58 grams of gold per tonne in ZARD147B;
21 metres grading 9.30 grams of gold per tonne in ZARD147B;
16 metres grading 11.07 grams of gold per tonne in ZARD149, and;
9 metres grading 6.28 grams gold per tonne in ZARD153B.
A complete tabulation of significant results is provided in Table 1.