This study presents the fabrication possibilities of ultra-high-temperature ceramics of ZrB2-30 vol.%SiC and (ZrB2-HfB2)-30 vol.% SiC composition using the reaction spark plasma sintering of composite powders ZrB2(HfB2)-(SiO2-C) under two-stage heating conditions. The phase composition and microstructure of the obtained ceramic materials have been subjected to detailed analysis, their electrical conductivity has been evaluated using the four-contact method, and the electron work function has been determined using Kelvin probe force microscopy. The thermal analysis in the air, as well as the calcination of the samples at temperatures of 800, 1000, and 1200 °C in the air, demonstrated a comparable behavior of the materials in general. However, based on the XRD data and mapping of the distribution of elements on the oxidized surface (EDX), a slightly higher oxidation resistance of the ceramics (ZrB2-HfB2)-30 vol.% SiC was observed. The I-V curves of the sample surfaces recorded with atomic force microscopy demonstrated that following oxidation in the air at 1200 °C, the surfaces of the materials exhibited a marked reduction in current conductivity due to the formation of a dielectric layer. However, data obtained from Kelvin probe force microscopy indicated that (ZrB2-HfB2)-30 vol.% SiC ceramics also demonstrated enhanced resistance to oxidation.