TALONX RESOURCES LIMITED — Director's Dealing 2003

Nov 24, 2003

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 MOUNT BURGESS MINING N.L.
IABN	31 009 067 476

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	Ronald William O'Regan
Date of last notice	08 August 2003

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	Indirect	TOTAL
Nature of indirect interest	Ronald	Mrs	Swan Alley
(including registered holder)	William	Jennifer	Nominees
Note: Provide details of the circumstances giving rise to the relevant interest.	O'Regan	O'Regan	ISA. a/c
		(spouse)	(held in
			Citicorp
			Nominees)
Date of change	25/11/03
No. of securities held prior to changeA	1,763,200	1,136,800	450,000	3,350,000
в	500,000			500,000
Class А	Ord Fl Pd
B	Unlst Opt
Number acquired A			100,000
B
Number disposed A
B
Value/Consideration R			\$12,830
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after changeA	1,763,200	1,136,800	550,000	3,450,000
B	500,000			500,000

$+$ See chapter 19 for defined terms.

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

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

Lodged: 25 November 2003

⁺ See chapter 19 for defined terms.