TALONX RESOURCES LIMITED — Director's Dealing 2005

Oct 24, 2005

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	MOUNT BURGESS MINING N.L.
JABN	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	Nigel Raymond Forrester
Date of last notice	26 September 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 INTEREST	Nigel Raymond Forrester
INDIRECT INTEREST	Caroline Forrester (daughter)
	Claire Forrester (daughter)
	Jan Forrester (spouse)
	EST D M Forrester (late mother)
	Salto Pty Ltd
	Beta Man Svc. S/F a/c
Date of change	Various - (Amendments to previously
	disclosed shareholdings)
No. of securities held prior to change
DIRECT INTEREST
Nigel Raymond Forrester	7,245,576 ordinary fp shares
	500,000 unlisted options
INDIRECT INTEREST
Caroline Forrester (daughter)	273,000 ordinary fp shares
Claire Forrester (daughter)	161,000 ordinary fp shares
Jan Forrester (spouse)	434,910 ordinary fp shares
	250,000 unlisted options
Est DM Forrester (late mother)	13,860 ordinary fp shares
Salto Pty Ltd	1,000,000 ordinary fp shares
Beta Man Svc S/F a/c	2,520,000 ordinary fp shares

$+$ See chapter 19 for defined terms.

TOTAL	11,648,346 ordinary fp shares
	750,000 unlisted options
Class	Ordinary fp shares
	Unlisted Options
Number acquired
Services Beta Management
Superannuation Fund (BMSSF)
1. On market Purchases	50,000 shares
2. Transfer from N R Forrester (Shares purchased by N R Forrester as trustee for BMSSF registered incorrectly in the private name of N R Forrester)	160,000 shares
3. Purchased from N R Forrester (off Market)	840,000 shares
N R Forrester
Grant of Unlisted Options from 4. the	500,000 options
Company's Employee Share Option Plan.
J E Forrester
5. Grant of unlisted options from the Company's Employee Share Option Plan.	500,000 options
Number Disposed
N R Forrester
6. Transfer to BMSSF shares incorrectly registered in N R Forrester private name	$(50,000)$ shares
7. Transfer to BMSSF shares incorrectly registered in N R Forrester private name	$(160,000)$ shares
8. Sold off market to BMSSF	$(840,000)$ shares
9. Sold on market	$(98,000)$ shares
CA Forrester (Daughter)
10. Sold on Market	$(100,000)$ shares
J E Forrester (Spouse)
11. Donated	$(13,000)$ shares

⁺ See chapter 19 for defined terms.

Value/Consideration - purchases/acquisitions
1.	\$5,086
2.	\$16,800
3.	\$69,277
4.	NIL (Black & Scholes valuation 15/7/05
	\$0.032 per option.)
5.	NIL (Black & Scholes valuation 15/7/05
	\$0.032 per option)
Value/Consideration - Disposals
6	$(\$5,086)$
7	(\$16,800)
8	(\$69,277)
9	(\$10,780)
10	(\$17,500)
$\overline{11}$	(\$1,500)
Note: If consideration is non-cash, provide details and estimated valuation.
No. of securities held after change
DIRECT INTEREST
Nigel Raymond Forrester	6,097,576 ordinary fp shares
	1,000,000 unlisted options
INDIRECT INTEREST
Caroline Forrester (daughter)	273,000 ordinary fp shares
Claire Forrester (daughter)	61,000 ordinary fp shares
Jan Forrester (spouse)	421,910 ordinary fp shares
	750,000 unlisted options
Est DM Forrester (late mother)	13,860 ordinary fp shares
Salto Pty Ltd	1,000,000 ordinary fp shares
Beta Man Svc S/F a/c	3,570,000 ordinary fp shares
TOTAL	11,437,346 ordinary fp shares
	1,750,000 unlisted options

⁺ See chapter 19 for defined terms.

Nature of Changes	As per explanatory details
$\mathbf{a}$ and $\mathbf{a}$ are associated to the set of $\mathbf{a}$ The company's company's company's company's company's company's company's company's company's company's company's company's company's company's company's company's company's company's company's company's company's company

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

симентосы на нагм рант.
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 October 2005

⁺ See chapter 19 for defined terms.

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.
IA BN	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	Godfrey Edward Taylor
Date of last notice	Initial Director's Interest Notice on 16 January 2002

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant inferest.	Fortel Pty Ltd E A Taylor Taylor Investments
Date of change	26 August 2005
No. of securities held prior to change	2,247,339 fully paid shares 500,000 unlisted Employee Share Options
Class
Number acquired	500,000 unlisted Employee Share Options
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil (Black-Scholes valuation as at 15/7/05 was \$0.032 per option)
No. of securities held after change	2,247,339 fully paid shares 1,000,000 unlisted Employee Share Options

$+$ 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 plan, participation in buy-back				Grant of unlisted options Company's Employee Share Option Plan.	from	the
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------	--	--	--	--------------------------------------------------------------------	------	-----

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 Lodged: 24 October 2005

$+$ See chapter 19 for defined terms.

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.
IA BN	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	Martin Lindsay Spence
Date of last notice	Appendix 3X on 21 September 2004

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
Nature of indirect inferest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant inferest.
Date of change	26 August 2005
No. of securities held prior to change	500,000 unlisted options
Class	Share Unlisted options from Employee Option Plan
Number acquired	500,000
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil (Black-Scholes valuation as at 15/7/05 was \$0.032 per option)
No. of securities held after change	1,000,000

$+$ 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 plan, participation in buy-back				Grant of unlisted options Company's Employee Share Option Plan	from	the
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------	--	--	--	-------------------------------------------------------------------	------	-----

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 Lodged: 24 October 2005

$+$ See chapter 19 for defined terms.

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.

$1.9397979333748334444444444444444444444444$
MOUNT BURGESS MINING N.L. Name of entity
ABN 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	ilRonald William O'Regan
Date of last notice :	ి5 December 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant) interest.	Ronald William O'Regan	iMrs. Uennifer O'Regan (spouse)	Swan Alley Nominees ISA a/c (held in Citicorp Nominees)
Date of change	26/8/05
No. of securities held prior to change Unlisted Options	500,000	1,863,200 1,136,800	550,000	3,550,000 500,000
Class A Class B	Ord FI Pd Unist Opt
Number acquiredB	500,000
Number disposed.

Value/Consideration Note: If consideration $\backslash$ is non-cash, provide. ldetails and estimated valuation	Nil (Black-Scholes valuation as at 15/7/05 was \$0.032 per option)
No. of securities held after change	1,863,200 1,000,000	1.136.800	550,000	3,550,000 1,000,000
Nature of Change Example: on-market trade, off-market trade, exercise of options, issue of lsecurities under idividend reinvestment plan, participation in buv- back	Acquisition of unlisted options from the Company's Employee Share Option 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
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: 24 October 2005