Quarterly Activities/Appendix 5B Cash Flow Report

• Diablo Resources Ltd acquired an 80% interest in the Horn Silver Project in Utah.
• The Horn Silver Project has a landholding of approximately 13.2 km² and produced 17 Moz Ag and 30,000 oz Au.
• Exploration at the Star Range Project identified high-grade silver, antimony, copper, and gold anomalies.
• The company completed Tranche 2 of the A$3.5 million Placement to fund exploration activities.
• The maiden drill program at the North Star Prospect is planned to commence.

Diablo Resources Ltd has entered into a binding agreement to acquire an 80% interest in Antler Resources LLC, which controls the Horn Silver Project in Utah. The acquisition represents a significant expansion of Diablo's US critical minerals portfolio, adding a historically productive high-grade silver mine and a pipeline of near-mine, geophysical, and regional exploration targets. The project comprises 201 claims, including 101 patented claims and is located approximately 15 km from Diablo's Star Range Project. Exploration at the Star Range Project continued to deliver strong technical momentum with reconnaissance rock and soil sampling returning high-grade silver, antimony, copper, and gold across multiple prospects. The company completed Tranche 2 of the A$3.5 million Placement to fund exploration activities at the Horn Silver and Star Range projects. The funds raised will be used to fund ongoing and planned exploration programs, including drilling at the North Star Prospect.