AQM Copper Shifts Focus on Zafranal from Exploration to Development
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/15/12 -- AQM Copper Inc. (TSX VENTURE: AQM)(BVL: AQM) ("AQM Copper" or the "Company") today announced that AQM is shifting its main focus from exploring the Zafranal property to working on development plans. As a consequence, the Company's Vice President Exploration and General Manager of AQM Copper Peru, a subsidiary of AQM Copper, Alvaro Fernandez-Baca, P.Geo. will reduce his day-to-day involvement with AQM. With the release of the resource report earlier in 2012 (see press release of April 03, 2012) the Company's exploration programme will be reduced and the focus shifted to other potential targets on the property and on progressing the preliminary economic assessment, set to be issued later this year. Mr. Fernandez-Baca will continue to provide his services to AQM and will remain as the Qualified Person for purposes of NI 43-101.
AQM is pleased to announce that Lorenzo de la Puente has been appointed as General Manager AQM Copper Peru, effective July 1, 2012. Mr. de la Puente is principal of the law firm Delapuente Abogados specializing in mining and environmental law. Since graduating from Pontificia Universidad Catolica del Peru law school in 1996 and earning a Masters Degree (LL.M.) from the University of Houston Law Center in 2000, Mr. de la Puente has worked for Delapuente Abogados for the last 10 years.
ON BEHALF OF THE BOARD OF DIRECTORS
Bruce Turner, President and CEO
ABOUT AQM Copper: AQM Copper Inc. is a Canadian based mineral exploration company exploring and developing copper deposits in South America. Through its wholly owned Peruvian subsidiary, Minera AQM Copper Peru S.A.C., the Company is developing the Zafranal Copper-Gold Porphyry Project located in Southern Peru. Minera AQM Copper Peru S.A.C. is the operator of a 50/50 JV with Teck Resources Limited through a sole purpose Peruvian company formed for Zafranal as announced in its press release on July 8, 2010. The Zafranal Project has NI 43-101 compliant measured and indicated resources of 510.7 million tonnes grading 0.36% copper and 0.07 grams per tonne gold. Management and directors have extensive experience working for the world's largest mining copper producers. Please refer to the Company's website at www.aqmcopper.com, for further information regarding the Company and its projects.
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Pinnacle Capital Markets LTD.
Stephen Goodfellow
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