Polaris Metals Pty Ltd entered into binding term sheet to acquire Mt Dimer exploration tenements from Aurumin Limited (ASX:AUN) for AUD 1.5 million on November 24, 2023. Under the terms of agreement Polaris Metals will pay cash consideration of AUD 250,000 and progress payments of AUD 1.25 million on granting of first programme of works, on decision to mine, approvals to mine and mining. The transaction is subject to obtaining all necessary regulatory, statutory or other approvals to effect the transaction and granting the exploration licences.