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LEXAM VG GOLD INC T.LEX

"Lexam VG Gold Inc is engaged in the business of exploring precious metal mineral properties in Timmins, Ontario, Canada. Its properties include Buffalo Ankerite, Davidson Tisdale, Fuller, Paymaster, and Baca Oil and Gas Project."


TSX:LEX - Post by User

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Post by tjd28on Jan 24, 2008 10:34am
611 Views
Post# 14253914

Just in Case you missed it.

Just in Case you missed it.PRESS RELEASE For immediate distribution SOURCE: DIAGNOS inc. VENTURE TSX TICKER: ADK Lexam Explorations mandates DIAGNOS to use its artificial intelligence technology to target uranium on its joint venture properties in the Mistassini region, Quebec Brossard, Quebec, Canada – January 15th, 2008 - DIAGNOS inc. (“DIAGNOS” or the "Corporation") (VENTURE TSX: ADK), a leader in the use of artificial intelligence (“AI”) and advanced knowledge extraction techniques, is pleased to announce today that its technology will be used to target uranium on Lexam Explorations Inc. (“Lexam”) (Venture TSX: LEX) joint venture properties in the Mistassini region of Quebec. The service and the right to use the targets provided by CARDS (Computer Aided Resources Software) are for a fee of $65,000 CDN and a success bonus of 100,000 common shares of Lexam. Lexam is hopeful that DIAGNOS’ technology will be effective in targeting uranium in the Mistassini region. The corporation has a significant amount of data that can be modeled to target uranium in one of the few regions outside of Saskatchewan’s prolific Athabasca Basin where high-grade uranium has been discovered. DIAGNOS’ Vice-President - Natural Resources Business Unit, Ms Jacqueline Monfourny confirms that with the information gathered on this region, DIAGNOS can definitively work on a local signature for high-probability uranium targets that will save them time and money. About DIAGNOS 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 Division 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. For more information, please contact: André Larente, President Jacqueline Monfourny, Vice-President – Natural Resources Business Unit Telephone: (450) 678-8882, ext. 24 Telephone: (450) 678-8882, ext. 35 alarente@diagnos.ca jmonfourny@diagnos.ca - 30 -
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