Octo Mining Burraga Pty Ltd agreed to acquire EL 6463 and EL 6874 and EL 7975 and EL 8826 and EL 9135 and Lot 12 DP 241 638 from Paterson Resources Ltd (ASX:PSL) for AUD 5.5 million on May 24, 2024. The consideration consists of AUD 5.50 million in cash. The transaction is subject to relevant due diligence, third-party approval, board approval, and regulatory approvals.