VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 6, 2011) - La Quinta Resources Corporation ("La Quinta" or "The Company") (News - Market indicators)(FRANKFURT:LQK) is pleased to report that it has received permits from the Bureau of Land Management to commence its 2011 drilling program on its Easter Project located in S.E Nevada. The drilling will commence June 12, and is subject to the posting of a reclamation bond of US$27,770.00.
La Quinta plans to drill 11,000 ft [3,350 m] of reverse circulation percussion and Diamond drilling in 23 drill holes sited downdip of the outcrop of the Main Vein at Easter, and in the West Vein Extension area as follow-on to the 10 g/t gold outcrop found earlier this year. Management anticipates hole depths will average 500 ft.
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, silver and copper on its Easter and Black Jack properties, Nevada and on Carruthers Pass, British Columbia. 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 and five adits 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 (1,966 m) and drill-defined widths up to 90 feet (27.4 m). Significant prior intercepts include up to 0.194 oz. Au / ton over 90 feet (6.6 g/t over 27.4m true thickness) (including 0.549 oz. Au / ton over 15 feet [18.8 g/t over 4.5m]) and 0.084 oz. / ton over 110 feet (including 0.534 oz. Au / ton over 5 feet) [2.88 g/t over 33.5 m w/internal 18.3 g/t in 1.52 m]. 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. The Carruthers Pass property is a massive sulfide project with copper, gold and silver located 70km south of Kemess copper-gold mine. The project consists of 8 claims covering 3,250 hectares. No resources have been indentified in either Black Jack or Carruthers Pass properties.
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
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