(via Thenewswire.ca)
Vancouver, B.C. October 19, 2011 - La Quinta Resources Corporation (TSX-V: LAQ / Frankfurt: LQK) ("La Quinta" or "The Company") is pleased to report that it received preliminary 2D inversion modeling of data for the Induced Polarization ("IP") survey conducted at the Carruthers Pass (British Columbia) project during September 2011.
Approximately 1.6 km pole-dipole IP was completed on surface at the Carruthers Pass project. Additionally, 270 m downhole IP was surveyed in a diamond drillhole 2011-13 ("11-13"); approximately 560 m directional arrays were extended orthogonally at surface away from the drillhole. Results from the directional arrays indicated two apparent target areas for the 2012 drill program. The first target lies NE of 11-13, at an approximate depth of 65 m and within 135 m of the drill collar. The responder has a resistivity less than 10 ohm-m, consistent with the response of a solid metallic body. The zone appears to be at least 4 m thick. The second target lies NW of 11-13, at approximate depths of 88-108 m and within 76 m of the drill collar. Resistivities in this zone range 150 - 500 ohm-m in background 1,000 - 3,500 ohm-m, with chargeabilities 40-80 mV/V in background of 10-20 mV/V. Both responses are consistent with disseminated sulfide mineralization lying NW of the drill collar. The Company anticipates drilling these two targets during the 2012 field season.
A 3D model of the results is being prepared currently by Scott Geophysics. Targeting for the 2012 drill program may be refined further pending recommendations and review of that 3D model.
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
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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