Votorantim Will Use the Services of DIAGNOS in the Bathurst Mining Camp, New Brunswick
18 September 2012 - 10:30PM
Marketwired Canada
DIAGNOS inc. ("DIAGNOS" or the "Corporation") (TSX VENTURE:ADK), a leader in the
use of artificial intelligence ("AI") and advanced knowledge extraction
techniques, is pleased to announce that its CARDS technology will be used by
Votorantim Metals Canada Inc. ("Votorantim") in the Bathurst Mining Camp, New
Brunswick.
The Bathurst Mining Camp (BMC) occupies a roughly circular area of approximately
70 km diameter in the Miramichi Highlands of northern New Brunswick. The area is
host to some 46 mineral deposits with known resources and another hundred
mineral occurrences, all hosted by Cambro-Ordovician rocks that were deposited
in an ensialic back-arc basin.
CARDS (Computer Aided Resources Detection System) is a state-of-the-art computer
system used by researchers at DIAGNOS to identify areas with a high statistical
probability of containing significant mineral deposits. The backbone of CARDS is
the MCubiX-KE (Knowledge Extraction) data mining engine. MCubiX-KE uses pattern
recognition algorithms to learn the signatures of positive and negative data
points and create a model that can make predictions on the positive or negative
nature of new data points. CARDS uses these powerful algorithms to analyze
digitally compiled historical exploration data and identify zones with a high
potential for the discovery of mineral deposits.
"We have been working on this internal project for more than five months. Up to
now, 19880 training points (drilling and rock EM and Topo) has been compiled, we
are therefore ready to start modeling in the next few days. We will be starting
with a known undeveloped base metal deposit signature to focus the targeting
process", explained Michel Fontaine, Vice-President of the division of natural
resources.
"We hope that this new and advanced innovative technology will enable us to
identify unexplored targets within the highly prolific Bathurst Mining Camp"
declared Rodney Thomas, General Manager of Votorantim Metals Canada Inc.
About Votorantim
Votorantim Metals Canada Inc. is a subsidiary of Votorantim Metals is a company
that is part of the Votorantim Group that was founded in Brazil in 1918. The
Votorantim Group operates in twenty countries and has over 40,000 employees.
Votorantim Metais is the largest electrolytic nickel producer in Latin America
and one of the world's leaders in the production of zinc, aluminum and nickel.
Votorantim Canada Metals Inc. in conjunction with Xstrata Zinc and El Nino
Ventures is operator of the Bathurst Option and Joint Venture which is actively
exploring for base metal deposits within the Bathurst Mining Camp.
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, natural resources, and entertainment.
DIAGNOS can count on a multidisciplinary team that includes professionals in
geophysics, geology, Artificial Intelligence, mathematics, as well as remote
sensing and image interpretation. 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 .
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