GlobeNewswire Inc | Aug 10, 2021 07:30AM EDT

August 10, 2021

VANCOUVER, British Columbia, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; ARREF: OTC) (Amerigo or the Company) is pleased to announce that Minera Valle Central ("MVC"), the Companys 100% owned operation located near Rancagua, Chile, will receive the 2021 San Lorenzo award from Chiles National Mining Society (SONAMI).

The San Lorenzo awards were established by SONAMI in 1999 and are presented annually to members of the Chilean mining community that have made an outstanding contribution to the industry, acted as leaders on specific issues or matters or contributed to regional mining development.

The San Lorenzo award will be presented by Mr. Diego Hernndez, President of SONAMI, in recognition of MVCs contribution to mining sustainability and its leadership in tailings treatment.

Receiving the San Lorenzo award from Chiles SONAMI is a great honor, of which all members of the MVC and Amerigo teams should be proud. It recognizes MVC as a sustainable operation which provides economic, environmental and social benefits to all stakeholders, said Aurora Davidson, President and CEO of Amerigo.

About Amerigo

Amerigo Resources Ltd. is an innovative copper producer with a long-term relationship with Corporacin Nacional del Cobre de Chile (Codelco), the worlds largest copper producer.

Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing fresh and historic tailings from Codelcos El Teniente mine, the world's largest underground copper mine. Tel: (604) 681-2802; Fax: (604) 682-2802; Web: www.amerigoresources.com; Listing: ARG: TSX.

For further information, please contact:

Aurora Davidson Graham FarrellPresident and CEO Investor Relations(604) 697 6207 (416) 842-9003ad@amerigoresources.com Graham.Farrell@HarborAccessLLC.com