Amerigo to Release 2005 Annual Results & Announces Investor Conference Call

January 20, 2006

VANCOUVER, BRITISH COLUMBIA â€" Jan. 20 /CNW/ - Amerigo Resources Ltd. (TSX:ARG) will release its 2005 Annual Results after market close on Thursday, February 16, 2006 and will hold an investor conference call to discuss the company's 2005 Annual Results on Friday, February 17, 2006 at 10:00 am Pacific Daylight Time/1:00 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 chaired by Steven Dean, Chairman.

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

Following management's discussion of the quarterly 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: www.amerigoresources.com; 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.

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