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ARG.TO ·

Amerigo Announces Results of AGM

Shareholder Meetings

May

8, 2018

N.R. 2018-4

Amerigo Announces Results of AGM

VANCOUVER, BRITISH COLUMBIA – May 8, 2018- Amerigo Resources Ltd. (TSX: ARG,

"Amerigo" or the "Company") announces the results of voting at its 2018 Annual General

Meeting of Shareholders (“AGM”) held on May 7, 2018 in Vancouver British Columbia.

A total of 97,166,852 common shares were voted at the meeting, representing 54.83% of the

votes attached to all outstanding common shares of the Company. Shareholders voted in

favour of all items of business before the m eeting, including the election of all director nominees

as follows:

Name

Votes For

Votes

Withheld

Percentage

of Votes

For

Percentage of Votes

Withheld

Klaus Zeitler 86,193,960 159,661 99.82 0.18

Robert Gayton 85,249,071 1,104,550 98.72 1.28

Sidney Robinson 85,246,621 1,107,000 98.72 1.28

Alberto Salas 85,249,721 1,103,900 98.72 1.28

George Ireland 86,234,021 119,600 99.86 0.14

In addition, the ordinary resolution re-appr oving the Company's stock option plan and all

unallocated options thereunder, was carried with 89.82% of the votes cast in favour of such

resolution. In addition, the ordinary resolution amending and reconfirming the Company's

shareholder rights plan, was carried with 90.37% of the votes cast in favour of such resolution.

Detailed voting results for the 2018 Annual General Meeting are available on SEDAR at

www.sedar.com

______

About the Company:

Amerigo Resources Ltd. is an innovative copper producer with a long-term relationship with

Corporación Nacional del Cobre de Chile (“Codelco”), the world’s largest copper producer.

Amerigo produces copper concentrate at its 100% owned Minera Valle Central (“MVC”)

operation in Chile by processing fresh and histor ic tailings from Codelco’s 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:

Rob Henderson, President and CEO (604) 697-6203

Aurora Davidson, Executive Vice-President and CFO (604) 697-6207