Apoquindo Minerals Inc.

Apoquindo Minerals Inc.

August 07, 2008 08:50 ET

Apoquindo Minerals Announces Start of Trading on the Lima Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 7, 2008) - Apoquindo Minerals Inc. ("Apoquindo" or the "Company") (TSX VENTURE:AQM) is pleased to announce it has been approved for a listing on the Bolsa de Valores de Lima (Lima Stock Exchange) ("BVL"), and trading of its shares commences today under the symbol AQM. With this listing, Apoquindo is the ninth Canadian junior mining company to list in the BVL's Risk Capital Segment.

The Company's sponsor is Credibolsa, Peru's largest brokerage firm and the trading arm of Banco de Credito, Peru's largest bank. The BVL has been one of the most profitable exchanges in the world in recent years. Credibolsa's interest in sponsoring Apoquindo is credited to the Company's excellent management team and to its attractive portfolio of properties in Peru and in Chile.

Minera KoriTambo S.A., Apoquindo's wholly-owned Peruvian subsidiary, holds options to two mineral projects, Huarman, a bulk-tonnage gold-silver prospect located in the Department of Ancash, Peru and 45 km south of Pierina high sulfidation gold deposit (see the Company's press release of January 29, 2008); and Pachagon, a porphyry copper prospect in the Department of La Libertad, Peru. The principal target at Pachagon is leachable copper ore in secondary chalcocite hosted in both the sedimentary rocks and the granodiorite porphyry (see the Company's press release of May 13, 2008).

In Chile, the Apoquindo Minerals Copper Oxide project consists of two historically defined deposits, Elenita and Madrugador, which are within 18 Km's of each other. Apoquindo is in the process of confirming and expanding the, near surface, historical resources of Elenita's 9.9M tons of 1.12% total copper at 0.2% cut-off and Madrugador's 2.14M tons of 1.10% total copper at a 0.4% cut-off in order to comply with National Instrument 43-101 standards. The new NI 43-101 Resource Estimate is being performed by AMEC and will include drilling results up to June 30, 2008 (instead of June 10, 2008, as reported in an earlier press release) and the results are expected to be released in September of this year. (For further information, visit www.apoquindominerals.com).

A Press conference will be held at the BVL at 11am today, Lima time, where Cesar Lopez, the Company's President is expected to give a speech. "Peru is a country with a long mining tradition and sophisticated mining investors and the Company welcomes this opportunity to increase our investor base in Peru," he said from Lima.

About Apoquindo: Apoquindo Minerals Inc. (TSX VENTURE:AQM) is a Canadian based mineral exploration company whose principal purpose is the acquisition and development of base and precious metal deposits in South America. The Company is advancing its Apoquindo Copper Oxide Project in Chile comprised of highly prospective leachable copper deposits under option located in a historic mining district in the Antofagasta Region's Coastal Range.

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 and will continue to expand its business using its effective team of experts in Exploration, Geology, Metallurgy, Mine Engineering, Law and Finance. Apoquindo is well positioned for success. Our Projects are uniquely valuable, and our knowledgeable management and directors provide a "pipeline" of growth opportunities.


Cesar Lopez

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.

The TSX Venture Exchange has not reviewed and does not take responsibility for the accuracy of this release.

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