Firefly Resources Ltd. reported significant assays from the third phase of its planned 10,000m maiden drill program at the 100%-owned Yalgoo Gold Project in Western Australia. This announcement details results from the eleven Reverse Circulation (RC) drill-holes at the Melville Gold Deposit prior to Christmas 2020, targeting northern extensions of the mineralisation and easterly up-dip extensions of the existing Resource. Six of the 11 RC holes outlined in this announcement were drilled approximately 300m north of the Melville Gold Deposit at the Applecross Prospect. The six holes were drilled to test for potential northern extensions to the upcoming Melville JORC resource update and to follow-up several historical drill intercepts with contrasting geology logs and 4m composite assays. The six holes drilled at Applecross have defined a thick mineralised BIF-unit at shallow depth with similar geometry to Melville (FARC002, FARC003 and FARC004), as well as a separate mineralised porphyry "swarm" at depth located 50-100m to the east (FARC001). The most westerly holes (FARC005 and FARC006) drilled at the Applecross prospect have defined a probable local-scale structural offset in the west of the section - which also fits with the Company's geological interpretation of the regional architecture. Drilling further south in the northern part of the Melville Gold Deposit targeted an in-fill opportunity up- dip of existing historical holes, as well as down-dip on the same northing to ensure that the Company's geological interpretation is as accurate as possible in preparation for the upcoming JORC resource update for the Melville Gold Deposit (holes FMRC0034 and FMRC0035). FMRC0034 intersected 26m @ 1.20g/t from 16m, proving up a substantial in-fill to the current gold mineralised BIF unit in the area, while FMRC0035 returned a couple of thin intersections from depth, illustrating a probable small-scale offset of the Melville BIF at depth. This information will be used in the estimation of the upcoming Melville JORC Mineral Resource. Three further drill-holes were drilled along the eastern extents of the Melville resource area. One of these holes, FMRC0036, intersected the up-dip extent of the "parallel" mineralised BIF/porphyry seen in the previous two phases of drilling. This hole also intersected and extended the consistent shallow at-/near- surface gold "blanket" seen across the Melville Gold Deposit in both historical drill-holes and Firefly's recent drilling.