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Amerigo Announces Release of 2006 Results and Investor Conference Call

VANCOUVER, BRITISH COLUMBIA – January 23/CNW/ - Amerigo Resources Ltd. (TSX:ARG) will release its Audited 2006 Annual Results at market open on Wednesday, February 21, 2007 and will hold an investor conference call to discuss the company's Audited 2006 Annual Results on Thursday, February 22, 2007 at 11:00 am Pacific Daylight Time/2:00 pm Eastern Daylight Time.

To participate in the call, please dial the following numbers:

604-678-9375 (Vancouver)
1-866-898-9626 (Toll-Free North America)

Please let the operator know you wish to participate in the Amerigo Resources conference call.

Media are invited to attend on a listen-only basis.

Following management's discussion of the annual results, the analyst and investment community will be invited to ask questions.

Amerigo Resources Ltd. is a Canadian copper and molybdenum producing company with 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.