NioGold Mining Corporation to Use CARDS Technology on its Projects in Abitibi
Last Update: 2/9/2011 10:32:49 AM
BROSSARD, QUEBEC, Feb 9, 2011 (Marketwire via COMTEX) -- DIAGNOS inc. ("DIAGNOS" or "the Corporation") (ADK), a leader in the use of artificial intelligence and advanced knowledge-extraction techniques, announced today the signature of an agreement with NioGold Mining Corporation ("NioGold") (NOX) to analyze its data within the Malartic mining camp in the Abitibi district of Quebec.
"Last January 13th, we announced that several priority targets had been identified from among the many properties at NioGold's Malartic camp, with particular attention paid to little explored sectors where geological and structural conditions are favorable. Following our exhaustive compilation work of the past few years, we have accumulated a considerable amount of data. Because of that, we decided to take the DIAGNOS CARDS service to our Bloc Marban projects, under an option by Aurizon Mines Ltd., Malartic Hygrade, Malartic H and Camflo West. In the next few months, we will start drilling in the best exploration zones targeted by CARDS and our team of geologists," said Rock Lefrancois, President of NioGold Mining Corporation.
DIAGNOS will be helping NioGold find targets by using CARDS (Computer Aided Resource Detection System) technology to identify sites with the same signature as known mines and deposits.
About NioGold
NioGold Mining Corporation is a mineral exploration company focused on gold. The Company's flagship projects are located in the Cadillac - Malartic - Val-d'Or stretch of the prolific Abitibi gold mining district, Quebec. NioGold's land holdings within the Abitibi presently cover 125 km(2) and encompass three former gold producers, namely the Norlartic, Kierens (First Canadian) and Marban mines that collectively produced 600,000 ounces of gold. NioGold has outlined Indicated resources of 598,000 ounces of gold and Inferred resources of 361,000 ounces of gold in and around these deposits.
About DIAGNOS
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 natural resources, healthcare, and entertainment.
For further information, please visit our website at www.diagnos.com or the SEDAR website at www.sedar.com .
SOURCE: DIAGNOS Inc.
DIAGNOS Inc.
