BEACON MINERALS LIMITED — Director's Dealing 2007

Nov 13, 2007

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	BEACON MINERALS LIMITED
ABN	64 119 611 559

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Lyle Thorne
Date of last notice	12 June 2007

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Indirect Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Lyle Haxton Thorne & Sharon Gaye SchreckATF the Lard’s Super Fund
Date of change	13 November 2007
No. of securities held prior to changeLyle Haxton Thorne & Sharon Gaye SchreckATF the Lard’s Super FundLyle Haxton ThorneSharon Gaye Schreck ATF the Thorne FamilyTrust	700,000 ordinary fully paid shares75,000 ordinary fully paid shares2,000,000 Options exercisable at 20 cents onor before 31 May 201137,500 Options exercisable at 20 cents on orbefore 31 August 2010500,000 Options exercisable at 20 cents on orbefore 31 August 2010
Class	Ordinary fully paid shares
Number acquired	94,370

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Number disposed				Nil
Value/Consideration				$19,950
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change
Lyle Haxton Thorne & Sharon Gaye Schreck				794,370 ordinary fully paid shares
ATF the Lard’s Super Fund
Lyle Haxton Thorne				75,000 ordinary fully paid shares
				2,000,000 Options exercisable at 20 cents on
				or before 31 May 2011
				37,500 Options exercisable at 20 cents on or
				before 31 August 2010
Sharon Gaye Schreck	ATF the	Thorne family		500,000 Options exercisable at 20 cents on or
trust				before 31 August 2010
Nature of change
Example: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,				On market purchase
participation in buy-back

Part 2 – Change of director’s interests in contracts

Detail of contract	Not applicable
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001