MVC Preliminary Due Diligence Reports Positive
May 7, 2003
AMERIGO RESOURCES LTD. reported today that it has received preliminary legal, accounting and tax due diligence reports on Minera Valle Central S.A. (MVC). The legal report was prepared by the firm of Carey y Cia Ltda. of Santiago, Chile, and the tax and accounting report was prepared by PricewaterhouseCoopers. Whilst there are a certain outstanding issues yet to be finalised, neither report has revealed any material due diligence concerns at this stage.
Amerigo Resources Ltd. is a Canadian junior exploration company with properties in Ontario and Quebec. In addition to the option to acquire MVC, Amerigo is currently exploring for Olympic Dam style copper-gold deposits on four properties in the Sault Ste. Marie area of Ontario.
Jeffrey Giesbrecht, Secretary 604.641.2779