GOLDEN CROSS RESOURCES LTD — Director's Dealing 2006

Mar 13, 2006

Appendix 3Y

Rule 3,19A.2

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 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 Ryan
l Date of last notice l	31 January 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 (1) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Indirect interest
Nature of indirect interest	Securities held by R & B Investments Pty Ltd
(including registered holder)	, the trustee for the
Note: Provide details of the circumstances giving rise	Ryan family superannuation fund.
to the relevant interest.
Date of change	10 March 2006
No. of securities held prior to change	1,457,500 shares, 530,000 quoted options and 1
	million Director Options exercisable at 15 cents by
	30 November 2006
Class	Options Ex 5c by 30.9.06
Number acquired	Nil
Number disposed	530,000 options
Value/Consideration	\$23,200 (4.4 cents per option)
Note: If consideration is non-cash, provide details
and estimated valuation
No. of securities held after change	1,457,500 shares and 1 million Director Options
	exercisable at 15 cents by 30 November 2006

⁺ See chapter 19 for defined terms.

Nature of change	On-market trade
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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

14 March 2006

$+$ See chapter 19 for defined terms.