La Quinta Resources Terminates Property Purchase Agreement with Black Jack Exploration

(via Thenewswire.ca)

Vancouver, B.C. July 5, 2012 - La Quinta Resources Corporation (TSX-V: LAQ / Frankfurt: LQK / OTCBB: LQRCF)

("La Quinta" or "the Company ") announces that it has terminated its property purchase agreement dated

effective November 10, 2010 between La Quinta and its US subsidiary and Black Jack Exploration Inc. As a part of the termination agreement, La Quinta will transfer the property title and related mineral claims back to Black Jack Exploration Inc.

The Company's CEO Glen Watson commented, "The Board of Directors will focus the Company's exploration

activities on its flagship Easter Project in Nevada and its Carruthers Project in British Columbia".

About La Quinta Resources Corporation

La Quinta is a junior precious metals exploration company actively seeking mineral opportunities for the benefit ofits stakeholders. Currently the Company is focused on exploring for gold and silver on the Easter Project 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 Carruthers Pass property, located in British Columbia, 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 identified on the Carruthers Pass property.

On behalf of the board

Glen Watson

CEO and Director

For further information, please contact:

Glen Watson, CEO and Director: 1(604) 803-5229

Walter Martin, President and Director: 1(775) 225-8514

La Quinta Resources Corp.

1(604) 943-1199 - Email: glen@laquintaresources.com - Web Site: www.laquintaresources.com

"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." 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

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