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Chalice disposes of residual interest in the Gnaweeda Gold Project

Thursday, Jun 14, 2012

PERTH, Western Australia, June 13, 2012 /CNW/ - Chalice Gold Mines Limited ("the Company") (ASX:CHN) (TSX:CXN) advises that it has sold its remaining 13.5% interest in the Gnaweeda Gold Project to Archean Star Resources Inc.

The consideration for the sale is 5 million common shares in Archean Star which is listed on the TSX Venture Exchange (TSX-V).

Source: Chalice Gold Mines Limited

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