La Quinta Resources Announces Permit Approval for Drill Program at Easter Project
July 22 2010 - 9:00AM
Marketwired
La Quinta Resources Corporation ("La Quinta" or "The Company") (TSX
VENTURE: LAQ) is pleased to announce that it has been approved to
drill its Easter project located SE Nevada, under BLM project file
number NVN-088774. The approval of the drilling program under a
Notice of Intent followed a review by the Caliente office of the
Bureau of Land Management and acceptance of reclamation bonding
posted with State of Nevada Bond Pool.
La Quinta plans to drill approximately 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 unsampled exposed part of the Main Vein in
multidimensional aspect, as part of La Quinta's systematic approach
to quantifying mineralization at the Easter project.
Repairs have already been completed to the access road. Drill
pad construction is be completed by July 31. Drilling is slated to
commence the first week in August by Harris Drilling.
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 precious metals 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 properties 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. The resultant 121 holes were used to
outline 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 Black Jack property, an early-stage
exploration target in NE Nevada, consists of old mine workings that
contain silver- gold-base metals veins hosted in Ordovician
limestones that overlie nearby Cambrian shale. No resource has been
identified on this property.
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