NEWS OUT - LA QUINTA RESOURCES - LAQ
La Quinta's 2006 Howell Creek Drilling Results
3/29/2007
VANCOUVER, BRITISH COLUMBIA, Mar 29, 2007 (CCNMatthews via COMTEX News Network) --
In 2006 La Quinta Resources Corp. (La Quinta or the Company) (TSX VENTURE:LAQ) completed six diamond drill holes totaling 884 metres on the Howell Creek gold property located in southeastern British Columbia. Drilling commenced on September 7 and was completed on November 7. The 2006 drill program focused on new target generation and an evaluation of targets identified in a 2004 airborne geophysical survey.
The first three holes, collared in the "E" grid area of the property (northwest side of property), were completed to expand upon results previously obtained by Placer Dome Inc. Holes HW-601 to HW-603 intersected long intervals of Proterozoic siltstone intruded by several phases of monzonite with variable quantities of pyrite and variable quartz veining and silicification. These holes were drilled on magnetic highs indicated in the 2004 airborne survey and successfully confirmed intrusive activity in this area. Gold values, while commonly anomalous, were not economic, although the bottom 8.6 metres of HW-603 (the most northerly drill hole) returned 0.39 g/t gold. A large area of the "E" grid magnetic anomaly, covered with overburden and continuing to the north, remains untested.
The fourth and fifth holes, HW-604 and HW-605, were drilled approximately two kilometres further to the south and encountered potassic altered alkalic porphyry intruding Proterozoic sediments. Gold mineralization was not significant.
The sixth and final hole, HW-606, located on the western side of the Howell "A" grid (eastside of property), was successful throughout and encountered mineralized dolomite grading 0.42 g/t gold over the last 42.7 metes, bottoming at 66.5 metres in dolomite grading 0.44 g/t. Hole HW-606, is also significant because it started in the less prospective Proterozoic siltstone before encountering the preferred Paleozoic carbonate host at 24 metres. HW-606 expands the prospective area for carbonate hosted disseminated gold mineralization both at depth and to the west. Previous holes in the "A" Grid have included hole HRC-25 with 58 metres grading 1.23 g/t gold including 9 metres grading 2.99 g/t gold and hole 02-3 with 82 metres grading 0.65 g/t gold.
The Howell Creek property is underlain by a thick sequence of Paleozoic carbonate and clastic rocks and older Proterozoic sediments. Mid-Cretaceous syenite and trachyte intrusions occurring as sills, dykes, plugs and diatremes intrude these units. Gold mineralization occurs disseminated in limestone and with quartz stockworks in syenite intrusives and Proterozoic sediments.
The Howell property consists of eleven mineral claims totaling 4,300 hectares (11,600 acres). In 2004, La Quinta signed an option agreement with Eastfield Resources Ltd., giving La Quinta the option to earn a 60% interest in the Howell Property by making $220,000 in payments, issuing 150,000 shares and funding $900,000 in exploration before Dec. 2008. To date, La Quinta has completed approximately $450,000 in exploration expenditures.
J.W. Morton, P.Geo, a director of La Quinta and President of Eastfield, is the qualified person who has reviewed and takes responsibility for this news release.
Elsewhere, La Quinta continues to work to complete its acquisition of the Kampene former gold producing area in Maniema Province in south eastern Democratic Republic of Congo (see Press Release 07-03 dated February 20th, 2007). Also in DRC, the Company continues to work to complete the due diligence process to acquire the 7,000 square kilometer exploration block in the South Kivu - Maniema Gold belt again in south eastern DRC, held by Wa Balengela Kasai Investments Congo sprl and outlined in LAQ Press Releases 06-10 August 28th, 2006; PR: 06-18, October 23rd, 2006 and PR: 07-02, February 02nd, 2007.
Separately, the Company continues to work on its Gold exploration properties in the Southern Sonora Gold belt in Mexico at La Perla and Orofino. Here work by geologists includes soil and trench sampling and field mapping around known mineral occurrences and also identification of new targets in preparation for a future drilling program later this year.
To learn more about La Quinta Resources and its wide spread portfolio of gold exploration properties visit our web site at www.laquintaresources.com, or contact the Company on the numbers below.
On Behalf of the board
Malcolm JA Swallow, Chairman and CEO
SEC 12G file # 82-35061
SOURCE: La Quinta Resources Corporation
La Quinta Resources Corp. Glen Watson President (604) 685-1818 x 101 or Toll Free: 1-877-891-4653 Email: info@laquintaresources.com Website: www.laquintaresources.com
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