And, despite the fact that the former Wolves trainee has a year left to run on his current deal at Darlington, Quakers boss Dave Hodgson has stated that he would not stand in the defender's way, should he see the light.
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"Unfortunately for us, Notts County are in a position where they can offer Matt better terms.
"He is still under contract with us but I don't think it would be fair if we told Matt he had to stay here on less money.
"That is not my way of thinking."
Mills remained tight-lipped as to how talks with the 6'3 centre back were going, but stressed that media reports that Notts were offering him a small fortune were untrue.
"Reports that we are about to double his wages are wide of the mark, but he is a player we are interested in," Mills told the Evening Post.
"We have had an eye on him for some time."
Meanwhile, reports have also suggested that Notts have offered a deal to Lincoln City top scorer Simon Yeo.
Yeo scored 13 goals for the Imps last season and the 30-year-old hitman is believed to have attracted interest from a number of lower league clubs, though Notts were the only name mentioned.
"I have heard Notts are interested and I know other clubs are too," said Lincoln boss Keith Alexander- who plucked Yeo from non league obscurity just two seasons ago.
NCM will keep you updated with all transfer developments at the club.