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DIAGNOS Acquires two New Mining Properties in the Abitibi Region for Gold, Coppe

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發表於 2007-4-4 21:33:55 | 顯示全部樓層 |閱讀模式
DIAGNOS inc., a leader in knowledge extraction and artificial intoldligence, announced today that it has acquired two new properties based on the interpretation of a database acquired from the Quebec government for the Abitibi region.

    These new mining titles are located in the Matagami and Chapais areas (in 32E and 32G NTS sheets), zones with high production of ore. The first property is the Northcal property located in the Phelps Dodge mining district which is host to significant deposits such as the Phelps Dodge deposit - 1.4 million tonnes at 4.5% Zn and 0.9% Cu and the Caber deposit - 1.27 million tonnes at 5.53% Zn and 1.31% Cu. The second one is the West Barlow property located in the Barlow Township in a region host to several mines such as the Springer Mine - 12.5 million tonnes at 2.56% Cu and 1.23 g/t Au, the Perry Mine - 9 million tonnes at 3.06% Cu, 0.48 g/t Au and 21.94 g/t Ag, Robitaille mine - 196,858 tonnes at 2.04% Cu and 0.53 g/t Au and the Mine Lac Gwillim - 249,868 tonnes at 2.06 to 4.87 g/t Au.

    These acquired properties were selected based on DIAGNOS' CARDS (ComputerAided Resource Detection Software) application, that highlights area with high mineral potential and having the same signature as the past and currently producing base and precious metal mines in the region. By doing so, it gives the exploration mining companies an edge, saving time, money and resources in choosing the best zones to drill.
    DIAGNOS is currently in negotiation with several companies of mining exploration for partnerships on these properties.
   
DIAGNOS inc. has developed data mining software and provides data mining services. The Corporation designed and developed MCubiX, a data mining software suite capable of extracting knowledge from historical data – in the form of images, text or traditional databases - and making predictions that improve business processes and decision making ability. CARDS (Computer Aided Resource Detection Software) can be applied to several sectors of prospecting, such as diamond, gold, zinc, copper and the oil and gas, and each one of these resources require a distinct methodology endorsed by the application. For further information, please visit our Website at 論壇.diagnos.ca.    The Corporation's objective is to develop a royalty stream by significantly enhancing and participating in the exploration success rate of mining and oil and gas companies.

TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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