TALONX RESOURCES LIMITED — Director's Dealing 2010

Jun 27, 2010

Rule 3.19A.2

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	Ronald William O’Regan
Date of last notice	1 August 2008

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			25 June 2010
No. of securities held prior to change -shares Unlisted Options	2,263,200 1,000,000	1,636,800	550,000	4,450,000 1,000,000
Class A Class B	Ord Fl Pd Unlst Opt
Number acquired...Class A			500,000
Number disposed...Class B

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation				$5,500
No. of securities held after change A B	2,263,200 1,000,000	1,636,800	1,050,000	4,950,000 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: 28 June 2010