Amerigo Announces Revised Record Date for Dividend

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/11/11 -- Amerigo Resources Ltd. (TSX: ARG) ('Amerigo' or the 'Company') announced today that the record date for the dividend declared by the Company's board of directors on November 2, 2011 has been changed to November 16, 2011. The dividend is payable on November 30, 2011 to shareholders of record as of November 16, 2011.

Amerigo Resources Ltd. is a Canadian junior company producing copper and molybdenum from its MVC operations near Santiago, Chile. Listing: TSX:ARG.

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.

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.

Contacts:

Amerigo Resources Ltd.

Dr. Klaus Zeitler

President and CEO

(604) 218-7013


Amerigo Resources Ltd.

(604) 697-6201

(604) 682-2802 (FAX)
www.amerigoresources.com