Diagnos Inc.

Diagnos Inc.

December 19, 2007 12:54 ET

DIAGNOS Produces Targeting Study for Uranium and Copper on Carina Energy's Property in Elliot Lake Basin, Ontario

BROSSARD, QUEBEC--(Marketwire - Dec. 19, 2007) - DIAGNOS inc. ("DIAGNOS" or the "Corporation") (TSX VENTURE:ADK), a leader in the use of artificial intelligence ("AI") and advanced knowledge extraction techniques, is pleased to announce today that it has completed a targeting report for Carina Energy, related to Carina's Elliot Lake Basin's property, in Ontario. Terms of the contract stipulated a payment of $80,000 of which $40,000 in shares of Carina Energy and $40,000 in cash. DIAGNOS is also eligible to receive a 2% Net Smelter Return (NSR) royalty on any economical discovery on a property acquired by Carina Energy on the basis of DIAGNOS targets.

"Carina Energy controls around 213 square km in the Elliot Lake Basin and had engaged DIAGNOS to find high probability targets not only for uranium and copper but also for two other minerals. The targeting study has yielded a number of high priority targets that will be drill tested in 2008." explains Bill Love, Director and technical adviser for Carina Energy.

Jacqueline Monfourny, Vice-President of the Natural Resources Business Unit at DIAGNOS, underlines that utilisation of CARDS (Computer Aided Resources Detection Software) has permitted not only to validate the work done on Carina's property but also to show new targets of interest. " Using our state-of the art system allows time and money savings. Mining companies need performing and accurate tools to help them be first in an extremely competitive market."


DIAGNOS, a multidisciplinary corporation, can count on a 20-people team among which seven professionals in geophysics and geology; artificial intelligence specialists, mathematicians, imagery and remote sensing. This team is helped by a dynamic administration and marketing and sales force to help serve its mining sector clientele at its very best. In addition to the data mining and the predictions of the best drilling targets, the Natural Resources Business Unit acquires and sells properties and offers project management services. This horizontal integration makes DIAGNOS, the leader in its sector of industry.

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.

Contact Information

  • DIAGNOS inc.
    Andre Larente, President
    450-678-8882, ext. 24
    DIAGNOS inc.
    Jacqueline Monfourny, Vice-President -
    Natural Resources Business Unit
    450-678-8882, ext. 35