La Quinta Resources Corporation lists on Frankfurt Stock Exchange
LA QUINTA RESOURCES CORPORATION 400 – 409 Granville Street, Vancouver, BC V6C 1T2
No.10-26 LAQ: TSX-V NEWS RELEASE SEC 12G file#82-35061
La Quinta Resources Corporation lists on Frankfurt Stock Exchange
Vancouver, B.C. December 28, 2010 - La Quinta Resources Corporation (“La Quinta” or “The Company”) is pleased to announce that its common shares are now also listed on the Frankfurt Stock Exchange under the ticker symbol “LQK” and with the German securities code A0MRC8.
The Frankfurt Stock Exchange, known as the Frankfurter Wertpapierborse (FWB) is one of the world's largest trading centers for securities. Operated by the Deutsche Borse AG, FWB is the largest of the eight Germany stock exchanges. The Deutsche Borse's products and services portfolio cover the entire process chain including securities and derivatives trading, transaction settlement, the provision of market information, as well as the development and operation of electronic trading systems.
"Listing on the Frankfurt exchange will increase the profile of La Quinta with both private and institutional investors in Germany and across Europe. It will allow investors timely access to the Company’s shares. This opportunity to broaden our shareholder base comes at an excellent time in the company’s development," says Glen Watson CEO of La Quinta.
For more information about the Frankfurt Stock Exchange, visit the Deutsche Borse at: http://deutsche-boerse.com.
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
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.