Ann: High Grade Rock Samples Define Drill Targets (Updated), page-2

Here is a one-page investor summary for Diablo Resources Ltd (ASX: DBO) based on the latest update:
![] Phoenix Copper Project – Investor Summary

Location: Utah/Colorado Border, USA | Commodity: Copper (Cu), Silver (Ag)
ASXBO | 100% Ownership | Maiden Drill Program Q3 2025
Project Highlights

• Strategically located along strike from the 740Mlb producing Lisbon Valley Copper Mine (LVCC).
• Covers 5,840 acres across two claim blocks:
  • CC Block (Trenton & Philadelphia Prospects – NW)
  • Stateline Block (Fair Dinkum Prospect – SE)

Recent High-Grade Rock Sample Results

Trenton Prospect (CC Block)

• Avg. 2.53% Cu, up to 7.71% Cu and 37 g/t Ag
• 7 of 11 samples >1% Cu
• 3km-long copper anomaly defined by pXRF survey

Fair Dinkum Prospect (Stateline Block)

• Avg. 1.12% Cu, up to 2.76% Cu and 92 g/t Ag
• 7 of 13 samples >1% Cu
• Mineralised outcrop traced over 100m

Philadelphia Prospect

• Previously reported high-grade Cu samples
• All three prospects targeted for drilling

Geology & Prospectivity

• Sediment-hosted copper in Dakota & Burro Canyon formations
• Mineralisation associated with major fault systems (e.g. East Bounding Fault, Flying Diamond Fault)
• Similar geological setting to LVCC

Near-Term Catalysts

• Drill permits submitted to BLM for Trenton, Fair Dinkum, and Philadelphia
• Drilling to commence Q3 2025
• Drill contractor proposals under review

Why It Matters

• High-grade surface samples in a known copper district
• No prior drilling = high discovery potential
• Located in a tier-1 mining jurisdiction with infrastructure access
• Fast-track permitting shows execution strength

DYOR Ai