TALONX RESOURCES LIMITED — Director's Dealing 2004

Feb 23, 2004

Appendix 3X

Rule 3.194.1

Initial Director's Interest Notice - AMENDED

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.
ABN	31 009 067 476

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mr Alfred P Stirling
Date of appointment	1 December 2003

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

2,200,000 Ordinary Fully Paid Shares

made up of:

1,000,000 in name of A P Stirling 1,200,000 A P Stirling (PEP & ISA accounts)

⁺ See chapter 19 for defined terms.

Part 2 – Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of	Number & class of Securities
interest Note: Provide details of the circumstances giving rise to the relevant interest.
A P Stirling Grandchild A C Stirling - Adult Child A C Stirling PEP & ISA A G P Stirling - Adult Child	20,000 Fully Paid Ordinary Shares 268,000 Fully Paid Ordinary Shares 132,000 Fully Paid Ordinary Shares 400,000 Fully Paid Ordinary Shares
A V Stirling - Adult Child	400,000 Fully Paid Ordinary Shares
A L Stirling – PEP $&$ ISA	400,000 Fully Paid Ordinary Shares
Buckton Holdings Ltd - unlisted Company in which shareholders are associates	1,000,000 Fully Paid Ordinary Shares
Buckton Homes Ltd – unlisted company in which shareholders are associates.	2,500,000 Fully Paid Ordinary Shares

Part 3 - 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	N/a
Nature of interest	N/a
Name of registered holder (if issued securities)	N/a
No. and class of securities to which interest relates	N/a

Dated: 24 February 2004

⁺ See chapter 19 for defined terms.