Apoquindo Minerals Inc.
TSX VENTURE : AQM
BVLAC : AQM

Apoquindo Minerals Inc.

November 05, 2009 09:20 ET

Apoquindo Announces High-Grade Surface Sample Copper Results 6.5 km West of the Main Zone at the Chalcocite-Enriched Zafranal Porphyry Cu-Au Project, Department of Arequipa, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire – Nov. 5, 2009) - Apoquindo Minerals Inc. (TSX VENTURE:AQM)(BVLAC:AQM) is pleased to report that it has received full geochemical results from its recently completed surface sampling program at the Sicera Sur zone, located 6.5 km west of the Zafranal Main Zone.

The Sicera Sur zone is marked by a 3 km by 1.8 km zone of phyllic alteration exhibiting a well-developed leached capping, typical to porphyry copper prospects in the area. The leached capping occurs within a sequence of Mesozoic limestone, shale and sandstone units intruded by quartz porphyry dykes and plugs. Sicera Sur lies along an east-west structural trend, which includes the Zafranal Main Zone. This structural trend is a splay of the Incapuquio Fault system, controlling the location of both the supergene-enriched Zafranal Main Zone and Sicera Sur targets. Field crews have recently completed sampling in the Sicera Sur zone, focusing along access roads built by previous operators. A total of 223 samples were collected, of which 14% (31 samples) yielded copper values over 0.1% Cu and 50% (112 samples) were higher than 300 ppm. The significant portion of samples with plus 300 ppm copper suggests that a significant supergene enriched blanket, such as the one in the Zafranal Main Zone, exists at Sicera Sur.

Results (see www.apoquindominerals.com) show that the best copper mineralization is associated to altered, oxidized and fractured calcareous sediments of the Yura formation. Best results are shown below:

LengthCopper %
5 m.1.01
5 m.1.08
5 m.1.54
5 m.1.72
5 m.2.21

Further sampling, mapping and exploration drilling is planned for Sicera Sur in the coming weeks.

Road construction continues at the Zafranal Main Zone, with new access roads being built for the upcoming drilling campaign.

Dr. Thomas Henricksen is Apoquindo's in house Qualified Person for the purposes of NI 43-101 and he has also reviewed and approved the contents of the news release. Dr. Henricksen has more than 35 years of experience and has visited the property several times during years 2008-2009.

ON BEHALF OF THE BOARD OF DIRECTORS

Bruce Turner, President and CEO

ABOUT APOQUINDO: The Company is a Canadian based mineral exploration company whose principal purpose is the acquisition and development of base metal deposits in South America. The Company has two projects in Peru through its wholly owned Peruvian subsidiary, Minera Koritambo SAC: the Zafranal Copper-Gold Porphyry Project (recently optioned from Teck Resources Limited's Peruvian subsidiary, Teck Cominco Peru S.A.), located in the Paleocene Southern Peru Cu-Porphyry Belt, in the department of Arequipa, Peru and the Pachagon Porphyry Copper Project, located in the department of La Libertad, Peru. In Chile, the Company has a joint venture, Antakena Mining, with Minera S.A. to advance the Apoquindo Copper Oxide Project comprised of highly prospective leachable copper deposits under option located in a historic mining district in the Antofagasta Region's Coastal Range. Please refer to www.apoquindominerals.com for further information regarding the Company and its projects.

Management and directors have extensive experience working for the world's largest mining companies as well as several junior exploration companies. Apoquindo Minerals has offices in Santiago, Chile, Lima, Peru and Vancouver, Canada.

APOQUINDO MINERALS INC.: This news release may contain forward-looking information including but not limited to comments regarding the timing and content of upcoming financings, work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking information includes disclosure regarding possible future events, or conditions or results of operations that is based on assumptions about future economic conditions and courses of action, and therefore, involves inherent risks and uncertainties. Although management has a reasonable basis for the conclusions drawn, actual results may differ materially from those currently anticipated in such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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