Apoquindo Announces Start of an $8M Work Program by Antakena Mining JV, for the Development of its Copper Oxide Project

VANCOUVER, BRITISH COLUMBIA, May 27 (MARKET WIRE) --
Apoquindo Minerals Inc. (TSX VENTURE: AQM)(BVLAC: AQM) ("Apoquindo")
through its wholly owned subsidiary, Sociedad Contractual Minera
Apoquindo Chile is pleased to announce the start of the Antakena Mining
Joint Venture work program. On April 21, 2009, Apoquindo announced a
Joint Venture with Minera S.A., named Antakena Mining, for the
development of its Copper Oxide Project. In less than a month, the
Antakena Management Committee has approved a Cdn$8M work program and
budget for the next six months, consisting in a Pre Feasibility Study by
January 2010 and an Exploration Program, which includes additional
exploration of the Elenita and Madrugador deposits, as well as
exploration of the newly optioned mining concessions.

The contractors selected for the Pre-Feasibility Study are:

Project Managers: MTB Project Management

Metallurgy: CIMM (Feasibility Level Testing to be completed 4Q2009)

Structural Geology: Warren Pratt

Surface Mine Slope and Geotechnical Engineering: Golder Associates

Mine Design Engineer: Mine Development Associates

Environmental Studies: Mineria & MedioAmbiente

Geological Model: Geovectra

Process and Infrastructure Engineer: Samuel Engineering

Easements and Permitting: Lopez & Ashton

Condemnation, Infill and Geotechnical Drilling: Antakena Mining

All of the contractors attended a kick off meeting in Chile, which
included site visits and coordination meetings, during the week of May
18, 2009.

In addition, an exploration program has been established that includes
40,000m of RC drilling (20,000m Elenita and 20,000m Madrugador) in order
to test the mineral extensions and MMI (Mobile Metal Ion) anomalies at
the properties. Furthermore, MMI, mapping (1:10,000 in the whole areas
and 1:2,000 in detailed areas) and sampling are planned on the recently
optioned 7,760 hectares from Soquimich in order to define several
mineralized targets. Half of the area is covered by colluvium and some of
the main mineralized features running between Madrugador and Elenita are
under this overburden. Where the MMI and geologic mapping give positive
results, drilling targets will be defined and a second phase of an
exploration program including RC drilling, detailed mapping, trenching
and geophysics will be evaluated.

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.

Stephanie Ashton, Apoquindo Director and one of Apoquindo's appointees to
the Antakena Mining Management Committee commented, "Apoquindo is very
pleased at the quality of the work program and of the contractors that
will be developing the Copper Oxide Project, and at the seriousness and
efficiency of the Antakena Mining Joint Venture."

ON BEHALF OF THE BOARD OF DIRECTORS

Cesar Lopez, President and CEO

ABOUT APOQUINDO

Apoquindo Minerals Inc. (TSX VENTURE: AQM)(BVLAC: 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 through a joint venture with Minera S.A.

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.

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.

Neither 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.

Contacts:
Kin Communications Inc.
Arlen Hansen
Investor Relations
(604) 684-6730
(604) 684-6740 (FAX)
info@apoquindominerals.com
www.apoquindominerals.com

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