TALONX RESOURCES LIMITED — Director's Dealing 2010

Jan 20, 2010

Appendix 3Y 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.

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	13 April 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 INTEREST	Alfred Patrick Stirling
	INDIRECT INTEREST	Associates
	Date of change	20 January 2010
	No. of securities held prior to change DIRECT INTEREST
	A P Stirling	3,500,000 ordinary fp shares 1,000,000 unlisted options
	INDIRECT INTEREST
	Associates	7,783,203
	TOTAL	11,283,203 ordinary fp shares 1,000,000 unlisted options
	Class	Ordinary fp shares Unlisted Options
	Number acquired Off marketpurchases	6,036,797fully paid shares
	Number disposed (No longer associated)	1,000,000
	Value/Consideration - purchases Note: If consideration is non-cash, provide details and estimated valuation.	$35,013.42

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change
DIRECT INTEREST A P Stirling	3,500,000 ordinary fp shares 500,000 unlisted options
INDIRECT INTEREST - Associates	12,820,000
TOTAL	16,320,000 ordinary fp shares 500,000 unlisted share options
Nature of Changes	1.Off Market Purchases for fp shares 2.(Indirect shareholding no longer associated) 3. Expired unlisted employee share 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 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: 21 January 2010

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002