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Bullboard - Stock Discussion Forum Creso Exploration Inc CRXEF

GREY:CRXEF - Post Discussion

Creso Exploration Inc > NEWS Release today
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Post by santi69 on Jan 24, 2013 8:52am

NEWS Release today

DIAGNOS Announces New Agreement With Creso Exploration BROSSARD, QUEBEC--(Marketwire - Jan. 24, 2013) - DIAGNOS inc. ("DIAGNOS" or the "Company") (TSX VENTURE:ADK), a leader in knowledge extraction and artificial intelligence, announced today the signature of an agreement with Creso Exploration Inc., based on the results of CARDS (Computer Aided Resources Detection Software), on their properties in the West Shining Tree district of Northeastern Ontario. 

We were very surprised of the accuracy of the exploration targets generated by CARDS on our properties. We decided to give another contract to refine the signature with the new information from our latest discoveries. In September 2011, in 10 working days, Creso and DIAGNOS geologists sampled quartz veins in shear zones, exactly on the targets generated by DIAGNOS' report in 2008. From 112 locations, six of which returned assays up to 1 gt Au, including higher grade assays up to 20.1 gt AU, 10 gt Au, and 7'16 gt Au. CARDS is a strategic tool to supplement the field work of geologists and to generate good targets for exploration » declared Mr Pierre Gauthier, Chairman at Creso exploration Inc.

In addition, Mr Michel Fontaine, Vice-President - Business Development at DIAGNOS, says he is proud of the progress made in the business model of DIAGNOS regarding natural resources. « CARDS is a unique computer system that uses powerful algorithms to digitally analyse publically available as well as privately owned geological information, using an interactive process in constant evolution. Right now, many projects around the world are big in term of dimension and contain a lot of data. You need to find a tool to reduce the size of your exploration and use 100 % of your data. CARDS can save you a lot of time and money because it will decrease the size of the area of your exploration by 95%. 

DIAGNOS has assembled a high level team of scientists with master degrees and PhDs in artificial intelligence, mathematics, imaging, geology and geophysics and a management team to support its customers in mining exploration.

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 and natural resources.

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.

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