Amerigo Resources LtdTSX: ARG

Final Bridge Repairs at El Teniente Underway

VANCOUVER, 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: 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 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.