Arika Resources Limited has embarked on an expanded 10,000‐meter drilling campaign at its Yundamindra Gold Project in Western Australia. The program, which builds on encouraging high‐grade results from earlier exploration, has already begun at the Landed at Last prospect with a focus on the structurally significant F1 Fault zone. Previous drilling at this target returned intervals of 14.8 meters grading 3.10 g/t gold—with subsections as high as 9.76 g/t—along with intercepts of 28 meters averaging 1.40 g/t and 17 meters at 1.57 g/t gold. The Landed at Last structure has been drill defined over an 800‐meter strike length to depths of at least 150 meters, while the cross-cutting F1 Fault spans 300 meters along strike and reaches a depth of 80 meters, with both systems remaining open in all directions. Drilling has also focused on the Pennyweight Point prospect in the project’s eastern corridor. This area has shown promising near-surface mineralisation with previous intercepts including 14 meters at 15.48 g/t gold, as well as broader intervals of 35.76 meters averaging 2.14 g/t gold and 23.97 meters at 2.54 g/t—with a standout subsection reaching 10.62 g/t gold. The Pennyweight Point structure is defined over a 350‐meter strike length and extends to depths of at least 200 meters, and remains open along strike and down-dip, highlighting substantial exploration potential. The program will also test new high-priority geophysical and geochemical targets with drone-supported airborne magnetics and ground gravity surveys, with further drilling planned at nearby targets in the Kookynie area throughout the remainder of 2025. Arika Resources Limited’s aggressive drilling program follows its recent capital raise of $5.0 million, a move that enabled an upgrade from an initial 6,000 meters to the current 10,000 meters of combined air-core, reverse circulation, and diamond drilling. The project targets a complex fold closure with intrusive volcanic and granitic interactions that have historically been associated with large-scale gold deposits. The company’s Managing Director expressed strong enthusiasm about the campaign, noting that the results are expected to provide ongoing positive news flow for shareholders throughout the latter half of the year. Investor sentiment appears mixed. On the bullish side, the increased drilling length, high-grade intercepts, and planned application of advanced geophysical surveys suggest significant upside potential. The recent capital raise and expanded drilling scope provide a strong technical foundation to advance the project and may attract further investment as breakout targets are confirmed. However, bearish sentiment could emerge from the inherent risks common to exploration ventures, including technical uncertainties in delineating complex geological structures, project execution challenges, and potential sensitivities to gold price fluctuations. As the program unfolds, market participants will be closely watching the incoming results to validate these early positive indicators.