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TSX: ARG$1.7 OTCQX: ARREF$1.145

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Amerigo Approved for Toronto Stock Exchange Listing

03.19.2004

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: www.amerigoresources.com; 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.

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Disclaimer

Amerigo Resources Ltd. ("Amerigo") has made published financial and operational information available for Excel download through Virtua's Research's Interactive Analyst Center ("IAC"). To access the IAC, please review and accept the following disclaimer:

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site" or "Linked Site") and that you do so at your own risk.

Amerigo and its subsidiaries ("the Company") have no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking "Accept" you acknowledge and agree that neither the Company nor third party provider Virtua Research, Inc. ("Virtua") are responsible, or accept or assume any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against the Company and Virtua and further acknowledge and agree that in no event shall the Company or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or property damage, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site.

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if the Company and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-IFRS Information

In addition to disclosing results determined in accordance with IFRS, the Company may also disclose certain non-IFRS measures such as cash cost, total cost, AISC, EBITDA, free cash flow to equity and free cash flow. Management believes that this non-IFRS information provides investors with additional information to assess the Company's performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses these non-IFRS measures and IFRS information to evaluate its operating and financial performance. The Company and Virtua also take no responsibility for third-party pricing data provided for informational purposes. The non-IFRS information is not prepared in accordance with IFRS and may not be comparable to non-IFRS information used by other companies. The non-IFRS information should not be viewed as a substitute for, or superior to, other data prepared in accordance with IFRS.