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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: E. Charters	6/1/2007 3:02:44 PM
	Read Replies (2) of 78421

Correction to the news release, "Golden Chalice Commences Drilling on the New Langmuir Nickel Discovery," issued earlier today by Golden Chalice Resources Inc. (PINKSHEETS: GCRIF) (TSX-V: GCR), we are advised by the company that the first sentence in the second paragraph should read "0.26 g/t Palladium," rather than "0.26% Palladium" as originally issued. Complete corrected text follows. ***************************************** Golden Chalice Commences Drilling on the New Langmuir Nickel Discovery VACNOUVER, BC -- May 30, 2007 -- Golden Chalice Resources Inc. GCRIF/Pink - GCR/TSXV) is pleased to announce that the drill has been moved to start drilling the new Nickel discovery on the Langmuir Property, southeast of Timmins, Ontario. This phase of drilling will systematically test the updip, downdip and strike extent in both directions of the wide zone intersected in Hole GCL07-6. Hole GCL07-6 intersected 1.14% Nickel, 0.08% Copper, 0.02% Cobalt, 0.11 g/t Platinum and 0.26 g/t Palladium over 72.50 metres. This drill core intercept also contains two separate heavily mineralized intersections of 2.23% Nickel over 17.10 metres and 1.74% Nickel over 13.10 metres. Bore hole geophysics has been completed on the drill hole. The data is being compiled by the geophysicist and will be used to help guide the drilling program. **************************************

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