BROSSARD, QUEBEC--(Marketwire - Feb. 14, 2013) - DIAGNOS inc. ("DIAGNOS" or "the Corporation") (TSX VENTURE:ADK), a leader in the use of artificial intelligence and advanced knowledge-extraction techniques, announced today the signature on their first Tungsten project with Great Atlantic Resources Corp. Great Atlantic Corp will use CARDS (Computer Aided Resource Detection System) technology, to generate potential Tungsten exploration targets on South Quarry property in Newfoundland.
« For the first time, the DIAGNOS technology (CARDS) will be used for a Tungsten project. Tungsten responds very well with geophysical data, thus improving the chances of localising new deposits. We are confident that our technology can provide good targets based on the total data available for this project. Our goal is to reduce the exploration time in the discovery of new targets on the property. » declared Mr Michel Fontaine, Vice-President - Business Development at DIAGNOS.
The South Quarry Tungsten showing is located in a rock quarry on the east side of the Baie d'Espoir Highway, approximately 7 km south of Berry Hill Pond, Central Newfoundland. This showing consists of a swarm of scheelite-bearing veins which occur over an area of at least 200 m by 300 m. Where veins have been exposed by stripping, a 200 m long cross section of the vein swarm revealed veins up to 1.5 m wide and grading 0.3 to 0.4 % WO3. Associated with this occurrence is the stratiform Camp Ten Tungsten showing where bedded scheelite occurs within limestone and calcareous sandstone horizons that dip toward the possible source of the mineralization - the Middle Ridge Granite.
DIAGNOS will assist Great Atlantic Resources Corp. in identifying Tungsten targets by using its CARDS technology, which makes possible the identification of sites having the same signature as known mineralized occurrences. DIAGNOS uses its proprietary technology to analyze geological, geophysical and geochemical data to enable the identification of patterns hidden in the large amount of data each customer owns.
DIAGNOS has assembled a high level team of scientists with masters and PhDs in artificial intelligence, mathematics, imaging, geology and geophysics and a management team to support its customer 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.