Diagnos Inc.

Diagnos Inc.

December 11, 2014 09:30 ET

Alexandria Minerals Corporation Will Use DIAGNOS' CARDS Technology for its Cadillac Break Properties

BROSSARD, QUEBEC--(Marketwired - Dec. 11, 2014) - DIAGNOS Inc. ("DIAGNOS" or the "Company") (TSX VENTURE:ADK), a leader in knowledge extraction and artificial intelligence, announced today an agreement with Alexandria Minerals Corporation based on the results generated by CARDS (Computer Aided Resources Detection Software) for their Cadillac Break properties. The fee to use CARDS and right to use the targets provided by CARDS for this project is 70,000 CDN.

"The Cadillac Break Properties are well suited for analysis by CARDS due to the significant amount of information that Alexandria Mineral Corporation was able to provide. A total of 9,203 training points (assay values) selected from its diamond drill hole database will be subjected to evaluation using a large dataset of geophysical variables including a high resolution heliborne magnetic survey, a MEGATEM airborne survey, and a large levelled mosaic of ground induced polarization surveys. DIAGNOS will generate two models, one for gold and the other for copper," said Jean-Francois Leclerc-Cloutier, P.Geo., Senior Geologist at DIAGNOS.

In addition, Mr. Michel Fontaine, Vice-President of Business Development at DIAGNOS, says he is proud of the progress made in the business model of DIAGNOS regarding natural resources. "CARDS is a system using an iterative process that is in constant evolution. Currently, exploration projects around the world are often conducted in very large areas using various exploration methods, resulting in multidimensional databases that are growing considerably every year. It has become primordial to use a tool that focuses exploration efforts solely on specific targets in order to reduce exploration costs. CARDS was conceived to help exploration companies save time and money while exploring large areas."

DIAGNOS has assembled a multidisciplinary team of scientists with M.Sc. and Ph.D. diplomas in artificial intelligence, geology, geophysics, mathematics and imaging processing along with a management team to support its customers in mining exploration.


Founded in 1998, DIAGNOS is a publicly traded Canadian corporation (TSX VENTURE:ADK), with a mission to commercialize technologies combining contextual imaging and traditional data mining thereby improving decision making processes. DIAGNOS offers products, services, and solutions to clients in a variety of fields including healthcare, natural resources.

The Corporation's objective is to develop a royalty stream by significantly enhancing and participating in the exploration success rate of mining. For further information, please visit our Website at www.diagnos.com.

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

For more information, please visit our website at www.diagnos.com or the SEDAR website at www.sedar.com.

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