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Amerigo Approved for Toronto Stock Exchange Listing

AMERIGO RESOURCES LTD.  (Vancouver, British Columbia) has received approval from The Toronto Stock Exchange for listing of its common shares and warrants.  The listing will be effective at the opening of the market on March 23, 2004.  The trading symbols for the shares and warrants will not change.

Steven Dean, Amerigo’s Chairman, said “The listing on The Toronto Stock Exchange is an important step in the development of Amerigo and recognition of our status as a new era copper producing company with a growing, long term low cost production base in Chile. “

63,146,917 common shares of Amerigo are outstanding and will trade under the symbol ARG.  20,149,183 warrants exercisable at CDN$0.70 until June 20, 2005 will trade under the symbol ARG.WT.  Fully diluted, Amerigo has 86,627,093 shares outstanding.

Amerigo Resources Ltd. is a Canadian junior copper production company with an expanding production base from its MVC operations near Santiago, Chile.  Tel: (604) 681-2802; Fax: (604) 682-2802; Web:; Listing: ARG:TSX

For further information, please contact

Jeffrey Giesbrecht, Secretary

Amerigo Resources Ltd.                                                                  
(604) 697-6201

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the private securities litigation reform act of 1995.  Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results.  Such risks and uncertainties are detailed in the Company’s filings with the securities regulators.