Gascoyne Resources Ltd (ASX:GCY)'s Richard Hay tells Proactive they're focused on production, development and exploration of a number of gold projects in Western Australia underpinned by positive cash flow generated from its flagship Dalgaranga operation. In June this year the company entered into an agreement to acquire Firefly Resources which holds the Yalgoo project nearly 70km southwest of Dalgaranga.
Gascoyne Resources has sights set on becoming mid-tier gold producer