La Quinta Resources Announces Change of Officer
LA QUINTA RESOURCES CORPORATION 400 – 409 Granville Street, Vancouver, BC V6C 1T2
No.10-23 LAQ: TSX-V NEWS RELEASE SEC 12G file#82-35061
LA QUINTA RESOURCES ANNOUNCES CHANGE OF OFFICER
Vancouver, B.C. November 30, 2010 - La Quinta Resources Corporation (“La Quinta” or “The Company”) reports that Greg Amor, Chief Financial Officer and Director of the Company, has tendered his resignation effective November 30th, 2010, due to his heavy commitments to other organizations. "I want to take this opportunity to thank Greg for his long and valuable service as a CFO and a Director to La Quinta Resources. I wish him all the best in his future endeavours", said Glen Watson CEO of the Company.
The Board of La Quinta has appointed Ms. Gisele Joubin as Chief Financial Officer starting December 1st, 2010 subject only to final TSX Venture Exchange clearance. Gisele has a Masters degree in International Business with a Concentration in Finance and has extensive experience in the administration, accounting, corporate and financial governance of public companies. Glen Watson noted: “Gisele has been with La Quinta Resources since 2007 and has proven that her experience and knowledge are valuable assets to the Company. The Board felt that it was a natural step to promote her to Chief Financial Officer of La Quinta Resources”.
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
La Quinta Resources Corp.
1(604) 803-5229 / 1(604) 684-4653 - Email: [email protected] - 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.