BROSSARD, QUEBEC--(Marketwired - Dec. 21, 2016) - DIAGNOS Inc. ("DIAGNOS" or the "Corporation") (TSX VENTURE:ADK), a leader in applying Artificial Intelligence in data mining technical services, announces today the signing of an agreement for the use of CARDS (Computer Aided Resource Detection Software) to generate mining targets on the Croinor Gold property owned by Monarques Gold Corporation ("Monarques") (TSX VENTURE:MQR).
"The use of Artificial Intelligence ("AI") is rapidly growing in all spheres of our lives and the mining exploration sector definitely needs new powerful tools to optimize the use of its capital to discover new mining deposits. The few new discoveries in the mining world is concerning. In 2016, Google, Facebook, Microsoft, IBM have exposed us to AI. Diagnos uses and perfected artificial intelligence since 2000 and is positioned as one of the pioneers in this industry," said Mr. Michel Fontaine, Vice-President, mining of DIAGNOS.
"This agreement will allow us to complement and optimize our drilling campaign, thanks to the powerful algorithms of DIAGNOS on our huge database. Over the years, we have accumulated tons of data. This objective targeting using complex algorithms allows a non-biased geological, statistical and stochastic approach. CARDS will help our geologists optimize geoscience data and identify potential gold-bearing targets in a 2D environment in a short time on our Croinor Gold property," said Mr. Jean-Marc Lacoste, President and CEO of Monarques.
CARDS is a state-of-the-art computer system that uses powerful algorithms to digitally analyse publically available as well as privately owned geological information. For this occurrence, three data mining techniques based on clustering and decision tree will be used in order to generate new targets with a high level of accuracy.
Founded in 1998, DIAGNOS is a publicly traded Canadian corporation 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 and natural resources. DIAGNOS can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, mathematics, as well as remote sensing and image interpretation.
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For further information, please visit our website at www.diagnos.com