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Final Bridge Repairs at El Teniente Underway

VANCOUVER, BRITISH COLUMBIA – March 27/CNW/Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") is pleased to announce today that El Teniente has started final repairs to the bridge and adjoining section of the tailings launder leading to El Teniente's Caren tailings impoundment.

As announced by Amerigo in a previous press release, in order to effect the repairs El Teniente has commenced the diversion of fresh tailings from MVC and into the Colihues tailings impoundment. El Teniente estimates that the completion of this work and continuing diversion of fresh tailings should take approximately 10 to 14 days.

Amerigo will provide a further update after El Teniente has completed the repairs.

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

For further information, please contact:

Michael J. Kuta, General Counsel & Secretary

Amerigo Resources Ltd. (604) 697-6201

The Toronto Stock Exchange has not reviewed nor accepted responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management. Statements contained in this news release that are not historical facts are forward-looking statements within the meaning of 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 TSX and on SEDAR. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.