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LAQ

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Share Name Share Symbol Market Type
TSXV:LAQ TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

La Quinta Resources Welcomes Peter Olander to the Board

11/05/2011 2:00pm

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La Quinta Resources Corporation (TSXV:LAQ)
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La Quinta Resources Corporation (TSX VENTURE: LAQ)(FRANKFURT: LQK) ("La Quinta"), is pleased to announce the appointment of Peter Olander, M.Sc., to the Board of Directors. Mr. Olander, a professional geologist with 33 years in minerals exploration and development, specializes in project and operations management in the mining and mineral exploration sectors. He has advised several major mining companies in geologic and economic evaluations, including acquisition of projects or business units demonstrating economic viability as well as evaluation of country risk in international work.

Glen Watson, CEO of the Company stated: "La Quinta is very fortunate to have attracted such a talented mining professional to join our team as an Independent Director to the Board. We look forward to Mr. Olander's assistance as the Company develops its gold and silver and copper projects in Nevada, USA and British Columbia, Canada."

Pursuant to the Stock Option Plan as approved by shareholders at the last Annual General Meeting, La Quinta announces the granting of 350,000 incentive stock options to Peter Olander. The options vest immediately and are exercisable at CAN$ 0.10 for a term of five years. The granting of the said options is subject to acceptance by the applicable securities regulatory agencies.

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, silver and copper on its Easter and Black Jack properties in Nevada and on Carruthers Pass, British Columbia. 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. The Carruthers Pass property is a massive sulfide project with copper, gold and silver located 70km south of Kemess copper-gold mine. The project consists of 8 claims covering 3,250 hectares. No resources have been indentified in either Black Jack or Carruthers Pass properties.

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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