LAQ

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNTITED STATES OR OVER UNITED
STATES WIRE SERVICES


La Quinta Resources Corporation ("La Quinta" or "The Company") (TSX VENTURE:LAQ)
is pleased to announce that it has arranged a non brokered private placement for
CAD$300,000 for sale to accredited investors. The terms of the private placement
are the sale of a 6 million units at the price of $0.05 and consisting of one
share and one warrant; each warrant exercisable at a price of $0.10 any time up
to six (6) month period following the closing of the Private Placement (the
"Closing") and at price of $0.15 for a subsequent six (6) month period. The
company will use the funds for its ongoing drilling program at Easter Property,
Nevada and for general working capital.


Eight percent (8%) finders fees will be paid to accredited brokers or financial
institutions. Eight percent (8%) finders fee warrants will also be granted to
accredited brokers or financial institutions at an exercise price of $0.10 any
time up to six (6) month period following the closing of the Private Placement
(the "Closing") and at price of $0.15 for a subsequent six (6) month period.


The private placement is subject to documentation, TSX regulatory approval and
applicable hold period.


This press release is not intended for U. S. distribution and does not
constitute an offer to sell or solicitation of an offer to sell any of the
securities in the United States. The securities have not been and will not be
registered under the United States Securities Act 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be offered or sold
within the United States or to a U.S. Person unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such
registration is available.


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 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 and drill-defined
widths up to 90 feet. Significant prior intercepts include up to 0.194 oz. Au /
ton over 90 feet (including 0.549 oz. Au / ton over 15 feet) and 0.084 oz. / ton
over 110 feet (including 0.534 oz. Au / ton over 5 feet). 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.

Grafico Azioni La Quinta Resources Corporation (TSXV:LAQ)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni La Quinta Resources Corporation (TSXV:LAQ)
Storico
Da Giu 2023 a Giu 2024