GOLDEN CROSS RESOURCES LTD — Director's Dealing 2007

Dec 3, 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 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	Chris Torrey
Date of last notice	15 February 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

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 interest
Nature of indirect interest	NA
(including registered holder)
Note: Provide details of the circumstances giving rise
to the relevant interest.
Date of change	30 November 2007
No. of securities held prior to change	500,000 shares, 1.820 million Employee Options
	exercisable at 10 cents at various dates on or
	before 31.3.11 (see overleaf).
Class	Ordinary fully paid shares
Number acquired	53,334 shares.
Number disposed
Value/Consideration	3.75 cents per share
Note: If consideration is non-cash, provide details
and estimated valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change		553,334 shares, and the following EmployeeOptions:160,000 20.12.2007 Employee Options ex 10c160,000 25.6.2008 Employee Options ex 10c500,000 11.11.2008 Employee Options ex 10c1,000,000 31.3.2011 Employee Options ex 10c1,820,000 TOTAL EMPLOYEE OPTIONS
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back		Shares purchased under the Golden Cross SharePurchase Plan.

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 towhich interest related prior tochangeNote: Details are only required for a contractin relation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, providedetails and an estimated valuation
Interest after change

Daven Timms

Company Secretary

4 December 2007

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2001