Gascoyne Resources, an Australian gold explorer, completed the merger with Firefly Resources, a mining company, in a A$45m ($34m) deal. "This merger is a very exciting opportunity for Gascoyne and its shareholders and represents a key step forward in Gascoyne’s strategy of delivering value by extending mine life and increasing annual production at Dalgaranga. The integration of high-grade Yalgoo ore in our production plan moving forward has excellent potential to extend mine life, reinforcing Gascoyne’s position as a key gold producer in the Murchison region," Richard Hay, Gascoyne Managing Director.