TALONX RESOURCES LIMITED — Director's Dealing 2006

Jul 31, 2006

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.

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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.

	=>>>>>>>>xxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Name of Director	Ronald William O'Regan
Date of last notice	ి 10 March 2006

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	Mrs. .Jennifer O'Regan (spouse)	Swan Alley Nominees ISA a/c (held in Citicorp Nominees)
Date of change	28 July 2006
No. of securities held prior to change -shares Unlisted Options	1,000,000	1,963,200 1,136,800	550,000	3,650,000 1,000,000
Class A Class B	Ord FI Pd Unist Opt
Number acquiredClass A	100,000
Number disposedClass B

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	59.500.
No. of securities held after change A	2,063,200 1,136,800 550,000 3,650,000 1.000.000
Nature of Change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	IOff 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: 1 August 2006

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	10 March 2006

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	28 July 2006
No. of securities held prior to change DIRECT INTEREST
Nigel Raymond Forrester	5,997,576 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 1,000,000 unlisted options
Est DM Forrester (late mother)	13,860 ordinary fp shares
Salto Pty Ltd Beta Man Svc S/F a/c	1,000,000 ordinary fp shares 3,570,000 ordinary fp shares

$+$ See chapter 19 for defined terms.

TOTAL
	11,337,346 ordinary fp shares
Class	1,750,000 unlisted options
	Ordinary fp shares Unlisted Options
Number acquired
Number Disposed	100,000
Consideration	\$9,500
No. of securities held after change
DIRECT INTEREST
Nigel Raymond Forrester	5,897,576 ordinary fp shares
	1,000,000 unlisted options (exerciseable at
	25 cents per option – expiry $31/12/2006$ )
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
	1,000,000 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	11,237,346 ordinary fp shares
	2,000,000 unlisted options
Nature of Changes	Off 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 case of

-aisciosea m-mis part. Detail of contract
Nature of interest
Name of registered holder (if issued securities)
Date of change

$+$ See chapter 19 for defined terms.

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: 1 August 2006

⁺ See chapter 19 for defined terms.