La Quinta Resources Corporation (TSX VENTURE:LAQ) (the "Company") regrets to
report that it has now received a formal termination notice from its Congolese
joint venture Partners Wa Balengela Kasai Investments Congo, sprl, (WBK) in
Democratic Republic of Congo, requesting that the Joint Venture should be
formally terminated. The Company had been working to amend the terms of the
agreements, (see Press Release #08-17, dated November 4th 2008;) but failed to
reach any consensus with WBK on a way forward for the Joint Venture and as a
consequence, the Company will allow the agreement to terminate.


Because of the financial market conditions and the current political uncertainty
in Congo, the Company is unable to meet the current payment expectations of WBK,
and the funding requirements of the JV and rather than enter into an expensive
and potentially difficult arbitration process in Congo, with no guarantee of
success, the Company will therefore allow the project to drop and management
will work to develop a new strategy for the ongoing development of the Company.


ON BEHALF OF THE BOARD

Malcolm JA Swallow, Chairman and CEO

SEC 12G file#82-35061