BROSSARD, QUEBEC, CANADA--(Marketwire - Aug. 22, 2012) - DIAGNOS inc. ("DIAGNOS" or "the Corporation") (TSX VENTURE:ADK), a leader in the use of artificial intelligence and advanced knowledge-extraction techniques, is pleased to announce the acquisition of 2,969 claims in the Plan Nord in the province of Quebec. Based on the press release dated October 25, 2011 with its Ontario partner for the analysis of the government of Quebec data, DIAGNOS started claiming in the month of July 2012.
DIAGNOS has used its proprietary Computer Aided Resource Detection System (CARDS) to target the mineral potential of the remote, sparsely staked northern portion of the province of Quebec. The work consisted of compiling, processing, and merging available geological, geochemical, geophysical, and topographical data as well as satellite imagery of the area. As stated on the official Plan Nord website; "Mining operations are a major component of the economy of Northern Québec. Northern Québec produces all of Québec's nickel, cobalt, platinum group metals, zinc, iron ore and ilmenite, and accounts for a significant portion of gold production. Lithium, vanadium and rare-earth metals, used increasingly in numerous fields related to energy, transportation and high technology, are also found there".
"We have been working on this project for the last 8 months and are very pleased to have partnered with an organisation that values the opportunity of the Plan Nord. This is the largest data analysis contract we have ever done. It is our partner's ambition to become one of the largest land owner in the Plan Nord. Based on our agreement DIAGNOS has a 2% NSR on all targets generated for this project." noted André Larente, President and CEO of Diagnos.
About DIAGNOS
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, and entertainment.
Forward-looking information
This document contains forward-looking information. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in these statements.
For further information, please visit our website at www.diagnos.com or the SEDAR website at www.sedar.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
President
DIAGNOS Inc.
(450) 678-8882
alarente@diagnos.com
Louis Morin
Bid Capital Markets
(514) 845-1101
bidcapital@videotron.ca