Apoquindo Minerals Inc.

Apoquindo Minerals Inc.

July 07, 2009 09:00 ET

Apoquindo Minerals Inc. Acquires Sicera Norte Mining Property Within the Zafranal Porphyry Copper-Gold Project, Department of Arequipa, Peru

- Increases number of porphyry prospects to five within the Zafranal Project area - Property has never been drill tested as Teck never had control of this area - Copper Oxides are present in Leached capping over an area of 1km in diameter

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 7, 2009) - Apoquindo Minerals Inc. ("Apoquindo" or the "Company") (TSX VENTURE:AQM)(BVLAC:AQM), through its wholly owned Peruvian subsidiary, Minera KoriTambo, is pleased to announce the purchase of a mining concession known as the Sicera Norte prospect, within the 25,000 hectare Zafranal Project (optioned from Teck as announced on May 14, 2009). The purchase was executed on June 26, 2009, and Apoquindo Minerals now owns 100% of the property after making a onetime payment of US$50,000 to the owner.

Sicera Norte exhibits a leached capping of hematite, jarosite, and lesser goethite, with local oxides of copper, within an area approximately 1 kilometer in diameter. The host rocks are principally quartz-feldspar and feldspar-biotite porphyries that have been variably altered to phyllic and biotite alteration assemblages. Some Precambrian gneiss also is affected by the strong hydrothermal alteration. Fresh rock is not seen in the central core area. Historic rock sampling reveals surface copper values of 200-700 ppm copper in the core area, typical for a leached capping over secondary sulfides that are expected to be present at depth.

Minera KoriTambo plans additional geologic mapping and geochemical mapping in 2009, with drilling proposed for 2010.

There has been no previous drilling in the core area of the prospect, although Teck completed a hole in the propylitic zone to the west. Teck never had control of the main Sicera Norte mineralization.

The acquisition of Sicera Norte brings the number of porphyry prospects to five (5) within the Zafranal Project area, including the Zafranal, Sicera South, Campanero, and Rosario prospects previously held in the land package. A sixth target, the Ganchos area, lies on KoriTambo-optioned ground beneath the gravels, along the lucrative Incapuquio Fault, where previous operators have been unsuccessful in penetrating the gravels.

ABOUT APOQUINDO: The Company 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 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), 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 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.

Dr. Tom Henricksen, consultant geologist of the Company and Chief Geolgogist for Minera KoriTambo, the Company's Qualified Person for the purposes of NI 43-101, has approved the information contained in this news release.

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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