Amerigo Resources Ltd.

Amerigo’s 100% owned MVC operation in Chile has been producing copper concentrates since 1992 by processing fresh and historic tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine.  Amerigo completed the first phase of development of the higher grade Cauquenes historic tailings deposit in December 2015 and extended MVC’s life to at least 2037.  With the first phase of expansion at Cauquenes completed, on schedule and under budget, Amerigo is well-positioned to generate record copper production, decrease cash costs and improve cash flow from operations.