Apoquindo Minerals Inc.
TSX VENTURE : AQM
BVLAC : AQM

Apoquindo Minerals Inc.

October 21, 2009 09:15 ET

Apoquindo Obtains Surface Rights Agreement for the Chalcocite-Enriched Zafranal Porphyry Cu-Au Project, Department of Arequipa, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 21, 2009) - Apoquindo Minerals Inc. (TSX VENTURE:AQM)(BVLAC:AQM) is pleased to report that its wholly owned subsidiary, Minera Koritambo S.A.C. (the "Company"), has signed a surface rights agreement with Autodema – a state agency owning 100% of all surface rights over the Zafranal Project – an important first step whereby Autodema grants the Company authorization to conduct its planned drilling and exploration campaign at Zafranal.

This agreement allows the Company to build new access roads, upgrade the exploration camp and prepare the drill platforms for the planned Diamond and Reverse Circulation drilling on the Project. A final drilling permit from the Ministry of Energy and Mines is expected in the next few weeks, after which, the first phase of drilling will begin.

Bruce Turner, President and CEO comments, "This is an important milestone for Apoquindo and for the Zafranal Project. With this key agreement in place, the Company can continue to move forward with the preparations for its upcoming aggressive exploration and resource definition drilling".

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.

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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