La Quinta Resources Announces Expansion of Claimblock at BlackJack Project
25 Novembre 2010 - 3:30PM
Marketwired
La Quinta Resources Corporation ("La Quinta" or "The Company") (TSX
VENTURE: LAQ) is pleased to announce that it has expanded its claim
position at its BlackJack project located in Elko County, Nevada.
The Company added 32 claims to its land position based on results
of remote sensing interpretation and interpretation of results
received on November 23rd, 2010 from a geophysical survey. The
BlackJack land position now covers approximately 740 ac (299 ha),
or 1.1 sq. mi.
Interpretation of color aerial photography indicated presence of
a radial fracture system extending from identified gold, silver and
base metals mineralization off the original Black Jack property.
The fracture pattern is approximately 6,000 ft (1,800 m) x 2500 ft
(770 m). The new claims cover this feature.
The portion of the IP survey completed on a distal extension
from old mine workings identified chargeable zones in the same
limestone hosting mineralization at the workings, in additional
support of the immediate claimblock expansion. La Quinta's
technical staffs are considering adjusting the survey configuration
to better highlight these areas in the Spring.
The information contained in this news release has been
reviewed, approved and deemed relevant by Walter Martin, President
of La Quinta Resources and 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 Corporation Glen Watson CEO and
Director 1(604) 803-5229 / 1(604) 684-4653
info@laquintaresources.com www.laquintaresources.com
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