VANCOUVER, April 4 /PRNewswire-FirstCall/ -- Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") is pleased to announce that El Teniente has completed final repairs to the bridge and adjoining section of the tailings launder leading to El Teniente's Caren tailings impoundment. The full flow of fresh tailings has been restored to the Company's MVC operations.
As a result of the interruptions in tailings flow for these repairs and for the annual maintenance shutdown in January, the plant was in operation less than 80% of regular hours during the quarter. Notwithstanding these stoppages, production for Q1-2007 was a strong 6.33 million pounds of copper and 123,448 pounds of molybdenum.
MVC is also in the process of preparing the hydraulic monitors and submersible miner in anticipation of receiving formal approval from El Teniente to once again begin extraction of the "in situ" tailings from the Colihues tailings impoundment.
Amerigo will provide an additional update after receipt of further information from El Teniente.
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: http://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.
CONTACT: Michael J. Kuta, General Counsel & Secretary, Amerigo Resources Ltd., (604) 697-6201
