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Re:   News Releases - Thursday, August 13, 2009
      Golden Chalice Resources Moves Forward with Abitibi East Gold
      Exploration
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.. DRILL CONTRACTS SIGNED, DRILLING TO BEGIN IN AUGUST
.. CLAIMS ADJACENT TO EXPLOR RESOURCES 2009 GOLD DISCOVERY OF 142.26
G/TONNE AU OVER 3.0 METERS

Golden Chalice Resources Inc. (TSX-V: GCR) ("GCR") is pleased to
announce that it has signed drill contract and is moving forward with a
highly prospective area for potential gold mineralization at its wholly
owned Abitibi East Property located approximately 75 km northeast of
Timmins, Ontario.

The Company recently completed a map of the Abitibi East target area
that is now available on its website:

http://www.goldenchaliceresources.com/i/pdf/Abitibi-East-map-v9.pdf 

The target area shown on the map is currently being assessed by ground
geophysical (magnetometer and VLF) surveys. The magnetometer survey
will be used to help identify the favorable volcanics and porphyry
rocks. The VLF survey will assist in identifying structures. The prime
target areas to be tested by drilling will be where these structures
intersect the favorable rock units. Drilling is set to begin in the
next two weeks.

The Abitibi East Property surrounds three sides of the Eastford Lake
Property where Explor Resources Inc. intersected 12.7 grams gold per
tonne (g/t) over 7.5 meters in June, 2008. Subsequent drilling by
Explor has continued to intersect high-grade gold, notably 142 g/t gold
over 3.0 meters and 45.45 g/t gold over 3.3 meters, reported on
February 9, 2009.

The gold mineralization discovered by Explor Resources occurs within a
belt of carbonatized ultramafic and mafic volcanic rocks intruded by a
number of porphyries as well as a strong structural trend in the area.
This favorable geology strikes to the southeast toward Golden Chalice's
Abitibi East Property. In addition, Explor Resources has discovered an
east-west-trending altered porphyry that also strikes toward the
Abitibi East Property. The interpreted extensions of these two trends
would intersect on Golden Chalice's property, thus generating a highly
favorable geological environment for potential gold mineralization.

The Company believes that south-east-trending structural zone, in
combination with the altered porphyries, are crucial in the
precipitation of hydrothermal gold-bearing fluids that occur within the
ultramafic intrusive and volcanic rocks.


The Abitibi East Property is situated near established mining
infrastructure in the Timmins camp, known for its world-class gold and
base metal mines and deposits. Approximately 68 million ounces of gold
plus significant amounts of silver, zinc and copper have been produced
from this prolific mining district since mining began in the early
1900s.

About Golden Chalice
Along with its Abitibi East Property, the Company's continues to be
focused on its flagship Langmuir Project where 2007 drilling
intersected 72 meters of 1.14% nickel. The Langmuir Project is easily
accessible by road and is near existing mining infrastructure in the
Timmins camp, host to numerous world-class gold and base metal
deposits. The Company owns 100% of the property which covers more than
30 km of favorable stratigraphy with potential for hosting
Kambalda-style deposits.

Golden Chalice has assembled a portfolio of properties in established
mining and mineral districts, notably the Abitibi in Ontario, the
Bathurst camp in New Brunswick, and a joint-venture project in Nevada.

CONTACT INFORMATION
Corporate Inquiries: Alan Campbell or Kevin Hull, Investor Relations
Phone: (604) 685-2222
Email: info@goldenchaliceresources.com
Website: www.goldenchaliceresources.com

AGORACOM Investor Relations: Email: GCR@agoracom.com
Website: http://www.agoracom.com/ir/goldenchalice  

Visit Golden Chalice's web-site: www.goldenchaliceresources.com to see
Smartstox interviews with Company Chairman and President.

This document contains certain forward looking statements which involve
known and unknown risks, delays and uncertainties not under the
corporation's control which may cause actual results, performance or
achievements of the corporation to be materially different from the
results, performance or expectation implied by these forward looking
statements.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.

Associated File:
  http://www.goldenchaliceresources.com/i/pdf/Abitibi-East-map-v9.pdf
    103 KB in size, approx. 20 seconds to download at 56.6Kbps

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Copyright (c) 2009 GOLDEN CHALICE RESOURCES INC. (GCR)  All rights
reserved.  For more information visit our website at
http://www.goldenchaliceresources.com/ or send
mailto:info@goldenchaliceresources.com
Message sent on Thu Aug 13, 2009 at 6:30:43 AM Pacific Time
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