TALONX RESOURCES LIMITED — Director's Dealing 2005

Oct 23, 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.

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.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Alfred Patrick Stirling
Date of last notice	Appendix 3Y on 27 January 2005

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	Alfred Patrick Stirling
INDIRECT INTEREST	A P Stirling - Grandchild
	A C Stirling - Adult Child
	A G P Stirling - Adult Child
	AV Stirling - Adult Child
	A L Stirling - Adult Child
	Buckton Holdings Ltd - unlisted company
	Buckton Homes Ltd - unlisted company
Date of change	N T Stirling - Spouse
	Fully paid shares $-20/21$ October 2005 Unlisted Options $-26$ August 2005
No. of securities held prior to change DIRECT INTEREST
A P Stirling	2,450,000 ordinary fp shares
	500,000 unlisted options
INDIRECT INTEREST
A P Stirling - Grandchild	20,000 ordinary fp shares
A C Stirling - Adult Child	500,000 ordinary fp shares
A G P Stirling - Adult Child	500,000 ordinary fp shares
A V Stirling - Adult child	500,000 ordinary fp shares
A L Stirling - Adult child	670,694 ordinary fp shares
Buckton Holdings Ltd - unlisted company Bucton Homes Ltd - unlisted company	1,000,000 ordinary fp shares
	2,500,000 ordinary fp shares

$+$ See chapter 19 for defined terms.

TOTAL	8,390,694 ordinary fp shares
	500,000 unlisted options
Class	Ordinary fp shares
	Unlisted Options
Number acquired
On market purchases	415,000 fully paid shares
From Employee Share Option Plan	500,000 unlisted options
Number disposed	nil
Value/Consideration - purchases	\$45,255 for fully paid shares
	Nil for unlisted options
	(Black-Scholes valuation as at 15/07/05 was
Note: If consideration is non-cash, provide details and estimated valuation.	\$0.032 per option)
No. of securities held after change	8,805,694 ordinary fp shares
	1,000,000 unlisted options
DIRECT INTEREST
A P Stirling	2,855,000 ordinary fp shares
	1,000,000 unlisted options
INDIRECT INTEREST
A P Stirling - Grandchild	20,000 ordinary fp shares
A C Stirling - Adult child	500,000 ordinary fp shares
AGP Stirling - Adult child	500,000 ordinary fp shares
A V Stirling - Adult child	500,000 ordinary fp shares
A L Stirling - Adult child	670,694 ordinary fp shares
N T Stirling - Spouse	250,000 ordinary fp shares
Buckton Holdings Ltd - unlisted company	1,000,000 ordinary fp shares
Buckton Homes Ltd unlisted company	2,500,000 ordinary fp shares
TOTAL	8,805,694 ordinary fp shares
	1,000,000 unlisted options
Nature of Changes	On Market Purchases for fp shares
	Employee Share Option Plan for options

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
Note: in the case of a com

- GISCHOSCA IN INIS DAN.
Detail of contract

$+$ See chapter 19 for defined terms.

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

⁺ See chapter 19 for defined terms.