GOLDEN CROSS RESOURCES LTD — Director's Dealing 2003

Jun 24, 2003

Appendix 3Z

Rule 3,19A.3

Final 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 GOLDEN CROSS RESOURCES LTD
IABN	65 063 075 178

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Erwin Clayton
Date of last notice	31 January 2003
Date that director ceased to be director	20 June 2003

Part 1 - Director's relevant interests in securities of which the director is the reaistered holder

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities

• 2 million Director Options exercisable at 15 cents on or before 30.11.2006.
• 537,719 ordinary shares in GCR. $\bullet$

⁺ See chapter 19 for defined terms.

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

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

Name of holder & nature of Number & class of securities interest Note: Provide details of the circumstances giving rise to the relevant interest	Not applicable

Part 3 - Director's interests in contracts

Detail of contract	N/A
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates

Daven Timms Company Secretary 25 June 2003

$+$ See chapter 19 for defined terms.