VANCOUVER, April 25 /CNW/ - Amerigo Resources Ltd. (TSX:ARG) ("Amerigo"
or the "Company") announced today that El Teniente has restored the flow of
fresh tailings and the Company's MVC plant is back in operation. Based on El
Teniente's original communication on the likely duration of the shutdown, MVC
brought forward maintenance initially scheduled to take place at a later date,
and some of that work remains in progress. As a result, the plant is currently
operating at approximately 60% capacity while MVC completes repairs and
modifications to two grinding mills and the installation of a higher capacity
pump for Colihues. The Company estimates that this ongoing maintenance will be
completed and the plant returned to full capacity in approximately 10 days.
Management has revised downward the estimate for the Q2 production
shortfall to approximately 500 tonnes of copper and 30,000 pounds of
molybdenum.
Amerigo 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.
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 forwarding-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.
