Diagnos Inc.

Diagnos Inc.

January 22, 2007 11:37 ET

Partnership Agreement Between DIAGNOS and Sage Gold Inc. for the Exploration of Gold Property in Abitibi

BROSSARD, QUEBEC--(CCNMatthews - Jan. 22, 2007) - DIAGNOS inc. ("DIAGNOS" or the "Corporation") (TSX VENTURE:ADK), a leader in the use of artificial intelligence ("AI") and advanced knowledge extraction techniques, announced today that it has signed a partnership agreement with Sage Gold Inc., a Canadian mineral exploration company, granting an option to acquire 100% interest in its Nicole property, a prospective gold property in 32G03 NTS map sheet in the Abitibi region. The project consist of 10 claims covering approximately 563 acres of terrain east of recent high grade gold discoveries made in the Barry-Urban district.

Sage Gold will pay DIAGNOS a cash sum for the property including consulting services of $40,000 CDN. Furthermore, on the property upon which an economic discovery is made, a bonus of 2% NSR (Net Smelter Return) will be granted to DIAGNOS. Sage Gold will have the option to acquire 1% of this NSR for $750,000 any time within five years of the economic discovery.

DIAGNOS will assist Sage Gold to find targets by using the technology CARDS (Computer Aided Resource Detection Software), which makes it possible to identify the sites having the same signature as known mines and deposits. Moreover, Sage Gold will have the option to acquire additional properties from DIAGNOS in Quebec.

"Several companies expressed their interest regarding the acquisition of DIAGNOS properties and we are pleased to join a Canadian company interested in conducting a geological work program assisted by CARDS." declared Mr Michel Fontaine, Vice-President - Business Development of DIAGNOS inc. "The management of Sage Gold is enthusiastic over the potential utility of the DIAGNOS' CARDS system as a new exploration technique for sorting exploration data." declared Mr Bill Love, Vice-President Business Development of Sage Gold Inc.

Moreover, DIAGNOS is currently in partnerships negotiations with several exploration companies on its acquired properties.


DIAGNOS inc. develops and markets data mining software. 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 www.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.

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

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