Chalice Gold Mines Limited announced a Board and Management restructure aimed at unlocking the value of the company's prospective gold and base metal projects and its strong balance sheet. The changes will see Chalice Managing Director Tim Goyder be appointed as Executive Chairman and Chalice General Manager of Corporate Development, Alex Dorsch, appointed as Chief Executive Officer. Chalice's current Chairman, Anthony (Tony) Kiernan will step down as Chairman but will remain on the Board as Lead Independent Non-Executive Director.

Stephen Quin and Morgan Ball will continue as Independent Non-executive Directors. The Board and management changes are effective immediately.