GOLDEN CROSS RESOURCES LTD — Director's Dealing 2006

Apr 20, 2006

Appendix 3Y

Rule 3,19A.2

Change of Director's Interest Notice

(Amendment to Notice dated 31 January 2006 - options misquoted)

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

ABN 65 063 075 178

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

Name of Director	Christopher Torrey
l Date of last notice.	7 April 2006

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

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.

Direct or indirect interest	Direct & Indirect interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	500,000 of the 1,000,000 Employee Options were issued to spouse, Glenys Rae Torrey.
Date of change	13 April 2006
No. of securities held prior to change	684,441 shares, 153,954 quoted options and 1.27 million Employee Options exercisable at 10 cents at various dates on or before 11.11.08 (see overleaf).
Class	Employee Options exercisable at 10 cents by 31 March 2011
Number acquired	1,000,000 (50% held in name of spouse)
Number disposed	ΝIΙ
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

⁺ See chapter 19 for defined terms.

No. of securities held after change	684,441 shares, 153,954 quoted options, and the following Employee Options:
	150,000	27.6.2006 Employee Options ex 10c
	150,000	21.12.2006 Employee Options ex 10c
	150,000	28.6.2007 Employee Options ex 10c
	160,000	20.12.2007 Employee Options ex 10c
	160,000	25.6.2008 Employee Options ex 10c
	500.000	11.11.2008 Employee Options ex 10c
	1,000,000	31.3.2011 Employee Options ex 10c
	2 270 000	TOTAL EMPLOYEE OPTIONS
Nature of change	Issue of Employee Options following approval by
Example: on-market trade, off-market trade, exercise	shareholders in general meeting on 30 March
of options, issue of securities under dividend reinvestment plan, participation in buy-back	2006.

Part 2 - Change of director's interests in contracts

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.

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

Daven Timms Company Secretary 21 April 2006

$+$ See chapter 19 for defined terms.