SUNSTONE METALS LTD — Director's Dealing 2009

Nov 10, 2009

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: AVALON MINERALS LTD

ABN: 68 123 184 412

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	David McSweeney
Date of last notice	16 June 2009

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	Indirect
Nature of indirect interest	David McSweeney as Trustee for	the
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	David McSweeney Family TrustDavid McSweeney as Trustee for	andthe
	McSweeney Super Fund
Date of change	8 November 2009
No. of securities held prior to change	12,786,442 Ordinary Shares
	3,300,000 Options
Class	Ordinary Shares
Number acquired	500,000OrdinaryShares	in
	McSweeney Super Fund
Number disposed	500,000 Ordinary Shares in	the
	Family Trust Account
Value/Consideration	$115,000
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	12,786,442 Ordinary Shares
	3,300,000 Options

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Transfer between Accounts off market 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 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

Date of Notification: 11 November 2009

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002