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Message: Apoquindo Discovers New Mineralization at Madrugador

Apoquindo Discovers New Mineralization at Madrugador

posted on Apr 30, 2008 06:57AM
Apoquindo Discovers New Mineralization at Madrugador
APOQUINDO MINERALS INC AQM
4/30/2008 8:54:18 AM
VANCOUVER, BRITISH COLUMBIA, Apr 30, 2008 (Marketwire via COMTEX News Network) --

Apoquindo Minerals Inc. (TSX VENTURE:AQM) -

Highlights



- New Cu Oxide mineralization encountered in NW and South zone
of Madrugador
- Select near surface intercepts include
- 6m of 1.872 % CuT
- 5m of 1.988% CuT
- 23m of 1.195% CuT
- 11m of 1.049% CuT
- 3m of 1.560% CuT
- 8 m of 1.013% CuT
- 6 m of 1.072% CuT
- Both zones still open at depth and along strike


Apoquindo Minerals Inc. ("Apoquindo" or the "Company") (TSX VENTURE:AQM) is pleased to announce it has completed 12,000m of drilling, of which 6,840m are exploratory and 5,280m are twinning.

New Cu Oxide mineralization has been discovered at NW and South zone of Madrugador deposits. The thickness of the manto-type CuOxides encountered range between 10 and 30m and zones remain open at depth and along strike. An additional total of 14,000m of drilling will be performed on the Madrugador and Elenita properties and is expected to be completed by mid June. A map showing the drilling to date and proposed drilling will be published on the website of Apoquindo Minerals.

"These new discoveries of additional stratiform copper mantos and associated feeder veins suggest that an additional tonnage of leachable copper is possible on the project", said Manager of Exploration, Alfredo Garcia.

With this current exploration program, Apoquindo is in the process of placing the historical resources, plus additional resources, into compliance with Instrument 43-101.

A table of selected drill results are below:



---------------------------------------------------------------
DRILLHOLE FROM (m) TO (m) INTERVAL (m) CuT (%)
---------------------------------------------------------------
EXPLORATION
---------------------------------------------------------------
RQM-012
---------------------------------------------------------------
27 33 6 1.872
---------------------------------------------------------------
8 15 7 0.836
---------------------------------------------------------------
RQM-020
---------------------------------------------------------------
33 40 7 0.666
---------------------------------------------------------------
47 48 1 0.810
---------------------------------------------------------------
RQM-024
---------------------------------------------------------------
174 192 18 0.769
---------------------------------------------------------------
Includes 185 190 5 1.988
---------------------------------------------------------------
RQM-025
---------------------------------------------------------------
39 70 31 0.722
---------------------------------------------------------------
RQM-026
---------------------------------------------------------------
54 62 8 1.013
---------------------------------------------------------------
RQM-027
---------------------------------------------------------------
28 30 2 0.590
---------------------------------------------------------------
RQM-028
---------------------------------------------------------------
40 43 3 0.393
---------------------------------------------------------------
RQM-029
---------------------------------------------------------------
16 20 4 0.625
---------------------------------------------------------------
100 123 23 1.195
---------------------------------------------------------------
Includes 101 120 19 1.393
---------------------------------------------------------------
RQM-030
---------------------------------------------------------------
95 110 15 0.814
---------------------------------------------------------------
Includes 95 106 11 1.049
---------------------------------------------------------------
RQM-039
---------------------------------------------------------------
5 11 6 0.725
---------------------------------------------------------------
143 149 6 1.072
---------------------------------------------------------------
183 191 8 0.738
---------------------------------------------------------------
238 246 8 0.462
---------------------------------------------------------------
248 254 6 0.843
---------------------------------------------------------------
RQM-040
---------------------------------------------------------------
2 15 13 0.619
---------------------------------------------------------------
4 7 3 1.560
---------------------------------------------------------------
53 69 16 0.333
---------------------------------------------------------------
RQM-042
---------------------------------------------------------------
1 34 33 0.402
---------------------------------------------------------------
100 110 10 0.668
---------------------------------------------------------------
RQM-043
---------------------------------------------------------------
1 6 5 0.806
---------------------------------------------------------------
RQM-044
---------------------------------------------------------------
28 30 2 0.550
---------------------------------------------------------------
32 35 3 0.670
---------------------------------------------------------------
RQM-046
---------------------------------------------------------------
58 64 6 0.570
---------------------------------------------------------------
RQM-050
---------------------------------------------------------------
121 137 16 0.900
---------------------------------------------------------------


The collective drill results will be the basis for an updated NI 43-101 report regarding the two properties which make up the Apoquindo Copper Oxide Project: Elenita with historical resources of 9.9M tones of 1.18% total copper at 0.2% cutoff and Madrugador with historical resources of 2.14M tons of 1.14% total copper at a 0.4% cutoff (these figures are not 43-101 compliant and may not be relied upon).

Apoquindo has engaged AMEC to provide guidelines and consulting in the areas of Quality Assurance and Quality Control (QA/QC). Each duplicate, standard and blank is inserted every 20 samples. Assays are 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) 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 with and for the world's largest mining companies as well as several mining juniors. 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.

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.

SOURCE: Apoquindo Minerals Inc.

Kin Communications Inc. Arlen Hansen Investor Relations Toll Free: 1-866-684-6730 (604) 684-6740 (FAX) Email: [email protected]

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