Mr. Alex Dorsch reports

ALEX DORSCH JOINS THE CHALICE BOARD

Chalice Gold Mines Ltd.'s chief executive officer, Alex Dorsch, has been appointed to the board as managing director, effective Nov. 13, 2018. Mr. Dorsch was appointed chief executive officer in March, 2018.

Chalice's chairman, Tim Goyder, said the appointment recognized Mr. Dorsch's substantial contribution to the company and his impressive leadership since joining.

"Alex has done an excellent job in continuing to build our high-potential exploration portfolio and refine our corporate strategy," he said. "We look forward to utilizing his unique skills and abilities in an elevated role as an executive director."

Mr. Dorsch's fixed remuneration will remain the same, however the board proposes to grant Mr. Dorsch a further one million options to subscribe for fully paid ordinary shares at an exercise price of 25 cents with a three-year term. Half of the options will vest immediately, and half will vest in 12 months. The grant of the options is subject to shareholder approval, which will be sought at the next shareholder meeting following the 2018 annual general meeting.