Apoquindo Minerals Inc. Reports Progress of the Antakena Mining Joint Venture, Copper Oxide Project, Northern Chile

Minera completed its 50% earn-in of C$10.8M in the 1Q2010
Drilling program completed with 9400m Diamond and 48,000m of RC completed
Updated NI 43-101 Resource Calculation expected for July 2010 incorporating the successful drill results from the program
Pre Feasibility report to be completed on Elenita deposit by October 2010

Apoquindo Minerals Inc. ("Apoquindo" or the "Company") (TSX VENTURE:AQM)(BVLAC:AQM) is pleased to announce the progress of the Antakena Mining Joint Venture between Apoquindo and Minera S.A. at the Elenita Project.

Since AQM signed a Joint Venture agreement with Minera SA in April 2009 (See News Release dated April 21, 2009), Minera S.A. has completed a drill program of 9400m of diamond drilling and 48,000m of reverse circulation, which included drilling for metallurgical samples, condemnation, geotechnical, geology, infill and exploration. An updated 43-101 report is anticipated for July 2010, incorporating the successful drilling program, which tested the deposit in several directions and at depth.

Pre feasibility, metallurgical test work performed by Minera has included bottle tests, short and long column tests, and VAT leaching tests. The results will be included in a pre feasibility report that is being coordinated by MTB (see News Release dated May 27, 2009) to be completed by October 2010.

The main focus of Minera´s work program to date has been at the Elenita copper oxide deposit, which is hosted by volcanic and sedimentary rocks of La Negra Formation. Copper occurs in mantos, veins, hydrothermal breccias, veinlets and disseminated bodies, hosted principally in volcanic and sedimentary rocks and in intrusive rocks in a smaller proportion. Prior to Minera´s work program and as reported by AQM in the March 17, 2009 press release, the compliant resource at Elenita was 19.7M tons at 0.87 TCu of Measured and Indicated resources at 0.2 cutoff and 4.8M tons at 0.73 TCu of Inferred resources.

The Madrugador option to purchase agreement was dropped in March 2010 as a result of an Antakena management committee decision, due to the high cost of maintaining the option and lack of progress in consolidating the mining properties surrounding the deposit.

ON BEHALF OF THE BOARD OF DIRECTORS

Bruce Turner, President and CEO

ABOUT APOQUINDO: Apoquindo Minerals is a Canadian based mineral exploration company developing copper deposits in South America. Through its wholly owned Peruvian subsidiary, Minera Koritambo SAC, the company is developing the Zafranal Copper-Gold Porphyry Project located in Southern Peru. Management and directors have extensive experience working for the world's largest mining Copper producers. Please refer to [ www.apoquindominerals.com ] for further information regarding the Company and its projects.

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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Apoquindo Minerals Inc. Reports Progress of the Antakena Mining Joint Venture, Copper Oxide Project, Northern Chile