SOURCE: Golden Chalice Resources Inc.

April 23, 2008 09:00 ET

Golden Chalice Resources Retains AGORACOM to Provide Investor Relations, Social Network and Google Search Engine Program

VANCOUVER, BC--(Marketwire - April 23, 2008) - Golden Chalice Resources Inc. (TSX-V: GCR) is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") to provide online investor relations services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world's largest websites for the purpose of attracting new shareholders.

Online Investor Relations Maximizes Speed, Transparency and Access to Company

In response to overwhelming data representing the online research and communications habits of small-cap investors, Golden Chalice Resources has turned the primary focus of its investor relations to the web via the AGORACOM system to facilitate faster and more accessible communications with both current and prospective shareholders around the world.

Effective May 1, 2008, a customized and monitored Golden Chalice Resources IR HUB will be available on AGORACOM at (www.agoracom.com/ir/goldenchalice). The IR HUB will allow both the Company and AGORACOM to communicate with all investors simultaneously, anytime and in near real-time. The IR HUB will also provide management with an ability to extend communications beyond text via audio messages, video presentations, webcasts and podcasts. In addition to traditional e-mail, investors will also have the ability to receive all communications via RSS feed.

Launch of Golden Chalice Resources Community

The Golden Chalice Resources IR HUB propels the Company into the forefront of the Web 2.0 community building by providing investors with two very important functions. First, a monitored discussion forum for the purposes of constructive and high-quality discussion amongst investors that is free of spam, profanity and misinformation. Second, a social network that provides investors with the ability to create extensive profiles that include photos, bios, video messages to fellow investors, a rating system and other important items to create a closer bond between shareholders.

Golden Chalice Resources Chairman Richard Hughes states, "I believe the time has now come to significantly increase our communications with both existing shareholders and the massive online small-cap community of investors who are searching for their next great investment. I strongly encourage our shareholders to begin taking advantage of our new online IR system, which demonstrates we are a fully accessible organization with a great story to tell."

Tier-1 Exposure and Awareness

As an exclusive provider of "Small-Cap Centres - Powered by AGORACOM" to Yahoo! Finance Canada, AOL Finance Canada and every Blackberry device on the planet, AGORACOM will provide Tier-1 financial coverage of all significant Golden Chalice Resources press releases for the purposes of attracting new and prospective shareholders.

In addition, AGORACOM will be launching a search engine IR Program via Google and Yahoo! that specifically targets prospective small-cap investors across North America. These small-cap search engine programs are exclusive to AGORACOM, with creation and management coming from Yahoo! and Google personnel directly.

The terms of the agreement are as follows: Duration - 12 months. Monthly Cash Compensation - $8,000, (+ GST). This agreement has been negotiated entirely at arm's length. AGORACOM is based out of Toronto, Ontario.

Shareholders are encouraged to visit our IR Hub at www.agoracom.com/ir/goldenchalice where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors.

About AGORACOM

AGORACOM Investor Relations (www.agoracomIR.com) is North America's largest online investor relations firm for small-cap companies. They have partnered with the world's biggest Internet companies including Yahoo!, AOL, Google and Blackberry to market their clients to a massive audience of new small-cap investors and have served over 200 companies since 1997.

AGORACOM Investor Relations has displaced the telephone and e-mail as primary IR communications devices. Their IR HUB delivers two-way investor relations in near real-time that is 24/7/365 accessible to shareholders around the world and goes far beyond text by offering both audio and video communications.

AGORACOM (www.agoracom.com) is North America's only small-cap community built to serve the needs of serious small-cap and micro-cap investors. No rumours, profanity, stock bashing or hyping. Their traffic ranking is above the top 1% of all websites around the world.

About Golden Chalice Resources

Golden Chalice Resources' management team has a proven record of discovering and developing mineral deposits throughout North America. The geological team of John Keating, Richard Hughes, Dr. Joseph Montgomery and Jim McDonald has been instrumental in advancing more than a dozen mines into production. In addition, Alan Campbell and many others in the Vancouver, British Columbia, and Timmins, Ontario, offices complement this successful mining track record by bringing a wealth of experience in mergers, acquisition and finance to Golden Chalice Resources' management team.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

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

GOLDEN CHALICE RESOURCES INC.
#711-675 WEST HASTINGS STREET
VANCOUVER, B.C.  CANADA  V6B 1N2

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