Apoquindo Minerals Inc.
TSX VENTURE : AQM
BVL : AQM

Apoquindo Minerals Inc.

November 13, 2008 09:26 ET

Apoquindo Reports Additional High Grade Copper Mineralization in New Zones at the Elenita Deposit, Apoquindo Copper Oxide Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2008) - Apoquindo Minerals Inc. (TSX VENTURE:AQM)(BVL:AQM) -

Highlights

- 15 m @ 3.431% Cu and 22 m @ 2.255% in hole RQE-123 : opens entirely new zone

- Mantos continue to open to the east and northeast, west and depth

- Estimated 70% of large MMI anomaly remains untested

- These drill results are not included in the Mineral Resources reported in the company's September 17, 2008 news release.

Apoquindo Minerals Inc. ("Apoquindo" or the "Company") (TSX VENTURE:AQM)(BVL:AQM) is pleased to announce more high grade results from the expansion to the East of several known and some new copper oxide zones at the Elenita Deposit which makes up part of the Apoquindo Copper Oxide Project in Chile.

These drill results are not included as part of the mineral inventory in the recently filed independent technical report prepared by AMEC, as they were conducted after the data cutoff date of July 22, 2008.

Elenita Drilling Highlights:

- 15 m @ 3.431% Cu and 22 m @ 2.255% Cu in hole RQE-123

- 20 m @ 2.217% Cu including 8 m @ 4.553% Cu in hole RQE-111

- 27 m @ 1.355% Cu including 11 m @ 2.338% Cu in hole RQE-112

- 18 m @ 1.547% Cu in hole RQE-119

- RQE-123 opens a whole new zone to the East with high grade copper results

- Mantos continue open to the East and NorthEast, west and in depth

In the eastern part of the Elenita Property, extensions of several mantos on the large MMI anomaly remain untested. To date, exploration drilling on the MMI anomaly has generated excellent results such as RQE-123. Management estimates that more than 70% of this large MMI anomaly remains untested. Thicknesses of these mantos are between 2m and 30m.

Management expects to release drilling results from Madrugador shortly.

Alfredo Garcia, Exploration Manager of Apoquindo states: "We understand the geology of our deposits very well and they are still open in different directions and down dip. We expect to see further great intercepts from drilling in this area."

Juan Villarzu, Chairman of Apoquindo states: "Apoquindo has become one of the major players in the Antofagasta area where our Properties are located, thanks to the success of our drilling programs, and the prominence of the Apoquindo team."

Select near surface intercepts at Elenita from RQE-103 to RQE-123 include:



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SELECTED NEAR SURFACE INTERCEPTS AT ELENITA
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DRILLHOLE FROM (m) TO (m) INTERVAL (m) CuT (%)
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RQE-111
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66 86 20 2.217
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Includes 69 77 8 4.553
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99 118 19 1.746
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Includes 105 114 9 2.684
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122 131 9 2.074
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RQE-112
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150 177 27 1.355
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Includes 165 176 11 2.338
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RQE-119
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122 140 18 1.547
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Includes 125 130 5 2.380
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Includes 132 140 8 1.743
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RQE-121
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54 66 12 1.964
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Includes 57 63 6 3.590
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RQE-123
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116 138 22 2.255
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Includes 116 118 2 3.895
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Includes 120 123 3 2.833
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Includes 124 131 7 3.621
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188 203 15 3.431
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188 200 12 4.067
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AMEC has provided Apoquindo with guidelines and consulting in the areas of Quality Assurance and Quality Control (QA/QC). Each duplicate, standard and blank was inserted every 20 samples. Assays were performed by ALS Chemex in Chile.

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

About Apoquindo: Apoquindo Minerals Inc. (TSX VENTURE:AQM)(BVL: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.

ON BEHALF OF THE BOARD OF DIRECTORS

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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