La Quinta Resources Announces Drill Program on Its Easter Project
July 12 2010 - 9:30AM
Marketwired
La Quinta Resources Corporation ("La Quinta" or "The Company") (TSX
VENTURE: LAQ) is pleased to announce that it has applied for
drilling permits with the appropriate Federal agency for the Easter
project located south east of Nevada, USA. CEO Glen Watson
commented: "We are excited to begin drilling on highly prospective
targets that have the possibility to increase our 43-101 resource."
The approval of the drilling program under a Notice of Intent is
pending review by the Caliente office of the Bureau of Land
Management and acceptance of reclamation bonding.
La Quinta has applied to drill 3,200 ft of reverse circulation
percussion drilling in 16 drill holes sited in the outcrop of the
Main Vein at Easter. The outcrop is more than 1,500 ft long and as
much as 200 ft above the valley floor with widths of the vein of 10
- 100 ft. This program is designed to sample the previously exposed
part of the Main Vein in multidimensional aspect, as part of La
Quinta's systematic approach to quantifying mineralization at the
Easter project.
The information contained in this news release has been
reviewed, approved and deemed relevant by Walter Martin, C.P.G., a
qualified person as defined under National Instrument 43-101.
About La Quinta Resources Corporation
La Quinta is a junior exploration company actively seeking
mineral opportunities for the benefit of our stakeholders.
Currently the Company is focused on exploring for gold and silver
on its Easter Project and Black Jack property in Nevada. The Easter
Project is underlain by an epithermal quartz-adularia vein
stockwork system hosted within Tertiary volcanic rocks of the
Caliente Caldron Complex of southeastern Nevada. Numerous drill
programs were conducted over the past 27 years by several operators
and 121 holes outlined a 43-101 compliant resource of 2.6 million
tons at 1.3 g/t gold (0.038 oz/t) and 14 g/t silver (0.4 oz/t)
within an area of gold mineralization with a strike length of at
least 6,450 feet and widths up to 90 feet. Significant prior
intercepts include up to 0.194 oz. Au / ton over 90 feet (including
0.549 oz. Au / ton over 15 feet) and 0.084 oz. / ton over 110 feet
(including 0.534 oz. Au / ton over 5 feet).
The Company invites you to view SmallCapPower features a video
interview with Mr. Walter Martin, the President and Director of the
Company. The video interview provides a detailed insight into the
investment potential in La Quinta Resources Corp. and also, informs
viewers about the upcoming drilling plan the company has put in
place. The interview is available at:
http://www.smallcappower.com/microsite/CEO_Video_Interview.aspx?CompanyID=33
On behalf of the board
Glen Watson, CEO and Director
This document includes forward- looking statements. When used in
this document, the words "potential", "plan", "could", "estimate",
"expect", "intend", "may", "should", and similar expressions are
intended to be among the statements that identify forward-looking
statements. Although La Quinta believes that their expectations
reflected in these forward-looking statements are reasonable, such
statements involve risks and uncertainties and no assurance can be
given that actual results will be consistent with these
forward-looking statements.
SEC 12G file#82-35061
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: La Quinta Resources Corporation Glen Watson CEO and
Director 1(604) 803-5229 / 1(604) 684-4653
info@laquintaresources.com www.laquintaresources.com Investor Cubed
Inc. Neil Simon (647) 258-3310 / (888) 258-3323 (416) 363-7977
(FAX) nsimon@investor3.ca