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Vancouver, B.C. October 18, 2011 - La Quinta Resources Corporation (TSX-V: LAQ / Frankfurt: LQK) ("La Quinta" or "The Company") is pleased to report that it has received 2D inversion modeling of data for the Induced Polarization ("IP") survey conducted at the Black Jack (Elko County, Nevada) project during late August 2011. Geophysical work at La Quinta's Black Jack project in 2011 involved surface surveys of 7 km of induced polarization lines in a cross-grid pattern with intersections of two north-south and two east-west lines centered over the old Burns mine underground workings. The fieldwork was conducted by SJ Geophysics (Delta, BC) during latter August 2011.
The 2D inversion modeling indicated two primary target areas on the project. The first is situated east of the underground Burns mine workings; the second underlies the West portal area approximately 150 m W of the Burns Mine workings. The first target appears to be a tabular body approximately 300 meters N-S x 500 meters E-W in plan at an approximate depth of 150 m below ground surface. The body exhibits chargeabilities of 10-15 msec within general background values of 1-3 msec; it exhibits resistivities lower than 330 ohm-meters amidst background resistivities averaging 5,000 ohm-meters. The body, with resistivities an order of magnitude below background and chargeabilities 5-8 times greater than background, has a configuration similar to that expected for mantos style silver - base metals mineralization hosted in limestone, such as found at the Black Jack project. The historical sampling overlying Target 1 reported values as great as 1,010 g/t silver and 11% lead in narrow quartz-galena veins.
The second target has a configuration more diffuse, consisting of a cumulate-shaped resistivity high associated with modest chargeabilities 3-5 times background. Such a geophysical response might be anticipated from a silicified halo within the Porter Peak limestone, within and outlier to the stacked vein system encountered underlying and adjacent to these two mine portals. The most coherent zone in the second target is approximately 50 meters west of the West portal at approximately 250 meters below ground surface. Historical sampling in veins at the West portal returned values as great as 2.35 g/t gold, 338 g/t silver and 5.1% lead with anomalous copper.
La Quinta plans to drill both target areas during the 2012 field season, working from existing disturbed areas and from underground workings in order to reduce surface impacts and lessen permit timing.
The information contained in this news release has been reviewed, approved and deemed relevant by Walter Martin, the Company's President, C.P.G., a qualified person as defined under Standards for Disclosure of Mineral Projects (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 the Easter Project and on its 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. 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 identified in either the Black Jack or Carruthers Pass properties.
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
Ed Baer, Director: 1(416) 804-0512
La Quinta Resources Corp.
1(604) 943-1199 - Email: info@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 statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.
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