La Quinta Resources Identifies Additional Targets at Easter Project
07 März 2011 - 3:30PM
Marketwired
(TSX VENTURE: LAQ)(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
"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."
Contacts: La Quinta Resources Corp. Glen Watson CEO and Director
1(604) 803-5229 / 1(604) 684-4653 info@laquintaresources.com
www.laquintaresources.com
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