Chalice Gold Mines - June 2013 Quarterly Report

PERTH, Western Australia, July 31, 2013 /CNW/ - Chalice Gold Mines ("the Company") ASX:CHNTSX:CXN advises that its Activity and Cash Flow Reports for the quarter ended June 30, 2013 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

• With cash reserves of A$56M, Chalice's strategy is focused on securing a significant high-quality resource project, to lay the foundations for its next growth chapter.
  
  
• The drilling program at the Mogoraib River prospect in Eritrea is now complete and activities in-country have been streamlined to focus on the interpretation of the drilling results and subsequent EM work.

SOURCE: Chalice Gold Mines Limited

Tim Goyder, Executive Chairman
Bill Bent, Managing Director
Chalice Gold Mines Limited
Telephone [phone]

For media inquiries, please contact:
Nicholas Read
Read Corporate
Telephone: [phone]