AVZ Minerals Limited announced the completion of an upgraded JORC Code compliant Ore Reserve estimate for the Manono Lithium and Tin Project ("Manono Project"), as the Company transitions its Manono Project into development. Mining dilution by elevation has been applied to represent the changing quantities of waste dilution existing on each bench of the pit: Surface to the 565RL has 5% mining dilution applied; 565RL to the 505RL has 2% mining dilution applied; 505RL to the 435RL has 1% mining dilution applied; Below the 435 RL has 0% mining dilution applied, as the whole bench is ROM. A variable mining recovery has also been applied: Surface to 565RL has 98% mining recovery applied; Below the 565RL has 99% mining recovery applied. The Ore Reserve estimate has been based on a cut-off of > $0.00 block value comprising an economic block by block calculation. Figures above may not sum due to rounding.