VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 7, 2011) - (News - Market indicators)(FRANKFURT:LQK) ("La Quinta"), has identified additional exploration targets at its Easter project situated in SE Nevada in the Delamar Caldera. The targets are extensions of the West Vein trenching target. They were identified from interpretation of geologic structures and alteration related to mineralization observed on aerial photographs and satellite imagery. The "West Vein Extension Targets" comprise both a westerly 1,000 ft (0.3 km) extension of the West Vein, and its termination into a radially fractured area approximately 1,000 ft (0.3 km) in diameter, hosted in volcanic tuffs. Radial patterns such as this are typical to plutons that have intruded their overlying volcanic pile. The typical resulting contact area is fractured heavily, and forms a locus for deposition of veins and mineralization over hundreds of vertical feet. The Knob Hill mine in the Republic district of NE Washington State is an example of such a system.
Details on the Easter project West Vein extension target is available at: http://www.laquintaresources.com/pdfs/WVeinExt_target.pdf
Reconnaissance level sampling of the West Vein during Fall 2010 fieldwork identified banded quartz-adularia veining that contained 3.5 g/t gold (0.1 oz/st) and 21 g/t silver (0.6 oz/st) at surface. The West Vein Extension targets are anticipated to contain similar mineralization, and will be targeted for exploration during the 2011 field season. The information contained in this news release has been reviewed, approved and deemed relevant by Walter Martin, (President of the Company) 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 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. 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
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