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Amendment to Mexican Property Agreement

06.12.2002

Further our news releases of March 7 and February 11, 2002 Amerigo has agreed to sell its Mexican Properties for 300,000 common shares of International Croesus Ventures Ltd.

The transaction remains subject to TSX Venture Exchange acceptance.

For further information, please contact:

Roger Moss, President, Tel: (416) 516-6050 E-Mail: roger.moss@sympatico.ca

Ian E. Gallie, Director, Tel: (250) 598-9091 E-Mail: gallie@horizon.bc.ca

or visit our website at: www.amerigoresources.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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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:

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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.