AQM Copper Files Technical Report For Preliminary Economic Assessment Update

AQM Copper Inc. (TSX VENTURE:AQM)(BVL:AQM) ("AQM Copper" or the "Company") is
pleased to announce that it has filed a NI 43-101 compliant technical report on
SEDAR on October 15, 2013 in connection with the Updated Preliminary Economic
Assessment for the Zafranal Project, previously announced on September 12, 2013.


ABOUT AQM Copper: AQM Copper Inc. is a Canadian mineral exploration company
exploring and developing copper deposits in South America. Through its Peruvian
subsidiary, Minera AQM Copper Peru S.A.C. ("MAQM"), the Company is developing
the Zafranal Project located in the Southern Peru Porphyry Copper Belt. MAQM is
the operator of a 50/50 Joint Venture with Teck Resources Limited through a sole
purpose Peruvian company, Compania Minera Zafranal S.A.C. MAQM is owned 60% by
AQM, and 40% by Mitsubishi Materials Corporation ("MMC"), pursuant to a
transaction as outlined in the Company's press release of July 2, 2013. As such,
the Company has a 30% beneficial ownership interest in the Zafranal Project.


On September 12, 2013, the Company announced the completion of a positive,
independent Updated Preliminary Economic Assessment ("PEA Update ") of the
Zafranal Project. The PEA Update was completed by Tetra Tech WEI, and contains
production parameters, capital costs, operating costs, pre-tax and post-tax
financial projections for an open pit mine processing 44,000 t/d of mill feed,
producing an average of 54,556 t/a of copper in concentrate and a heap leach and
electro-winning process expected to yield an average of 5,949 t/a of copper
cathode. Using long-term forecasted copper and gold prices of US$3.00/lb and
US$1,274/oz respectively; and an initial capital cost of US$ 1,122 million, the
Zafranal Project is projected to yield a post-tax net present value at an 8%
discount rate of US$ 616 million and an internal rate of return of 18.2%. The
valuation is based on 100% of the Project and 100% Equity.


The reader should be aware that the preliminary economic assessment is
preliminary in nature, and includes inferred mineral resources that are
considered too speculative geologically to have the economic considerations
applied to them that would enable them to be categorized as mineral reserves.
The reader should also be aware that there is no certainty that the results
forecast in the preliminary economic assessment will be realized. Mineral
resources that are not mineral reserves do not have demonstrated economic
viability.


Please refer to the Company's website at www.aqmcopper.com, for further
information regarding the Company and its project.


ON BEHALF OF THE BOARD OF DIRECTORS

Bruce Turner, President and CEO

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


FOR FURTHER INFORMATION PLEASE CONTACT: 
To speak with an Investor Relations
representative, please contact:
Spyros P. Karellas
Pinnacle Capital Markets LTD.
[phone] / [phone]
[e-mail]