TALONX RESOURCES LIMITED — Director's Dealing 2007

Dec 16, 2007

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.

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	Ronald William O’Regan
Date of last notice	2 March 2007

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 (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	10 December 2007
No. of securities held prior to change -shares Unlisted Options	2,163,200 1,000,000	1,136,800	550,000	3,850,000 1,000,000
Class A Class B	Ord Fl Pd Unlst Opt
Number acquired...Class A	100,000
Number disposed...Class B

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation				$11,000
No. of securities held after change A B	2,263,200 1,000,000	1,136,800	550,000	3,950,000 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	Off market trade (purchase)

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: 17 December 2007

Appendix 3Y Change of Director’s Interest Notice

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. 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	Nigel Raymond Forrester
Date of last notice	2 March 2007

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	10 December 2007
No. of securities held prior to change DIRECT INTEREST
Nigel Raymond Forrester	5,897,576 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)	681,910 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.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

TOTAL	11,497,346 ordinary fp shares 2,000,000 unlisted options
Class	Ordinary fp shares Unlisted Options
Number acquired	nil
Number Disposed	100,000
Consideration	$11,000
No. of securities held after change
DIRECT INTEREST Nigel Raymond Forrester	5,797,576 ordinary fp shares 1,000,000 unlisted options (exerciseable at 25 cents per option )
INDIRECT INTEREST Caroline Forrester (daughter) Claire Forrester (daughter) Jan Forrester (spouse) Est DM Forrester (late mother) Salto Pty Ltd Beta Man Svc S/F a/c	273,000 ordinary fp shares 61,000 ordinary fp shares 681,910 ordinary fp shares 1,000,000 unlisted options 13,860 ordinary fp shares 1,000,000 ordinary fp shares 3,570,000 ordinary fp shares
TOTAL	11,397,346 ordinary fp shares 2,000,000 unlisted options
Nature of Changes	Off market sale

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

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: 17 December 2007

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 3