Amerigo Resources

Amerigo's wholly owned subsidiary, Minera Valle Central (MVC), produces copper and molybdenum concentrates in Chile. MVC has a contractual relationship with Codelco’s El Teniente Division to treat fresh and historic tailings from the El Teniente mine, the largest underground copper mine in the world. MVC is treating the fresh tailings from El Teniente's present production and the higher grade tailings from a historic tailings deposit known as Colihues that is located near MVC's plant. In 2014 MVC produced 41.0 million pounds of copper and 0.6 million pounds of molybdenum. On April 22, 2014, Amerigo announced that MVC has entered into a definitive agreement with Corporacion Nacional del Cobre de Chile, Division El Teniente, granting to MVC the rights to process the historic tailings in the Cauquenes deposit located near MVC’s plant and extending MVC’s rights to process fresh tailings from 2021 to 2037. Amerigo's goal is to develop the Cauquenes tailings deposit and to increase annual production to 90 million pounds of copper and 2.5 million pounds of molybdenum. Amerigo's shares are listed for trading on the Toronto Stock Exchange ("TSX") and the OTCQX Stock Exchange in the United States.