PRESS RELEASE
For immediate distribution
SOURCE: DIAGNOS inc. VENTURE TSX TICKER: ADK
DIAGNOS acquires three new nickel mining properties
that share many of the same geological and geophysical features as the Marbridge and Dumont Nickel deposits
Brossard, Quebec, Canada – November 15, 2006 – DIAGNOS inc. (“DIAGNOS” or the “Corporation”) (VENTURE TSX: ADK), a leader in the use of artificial intelligence (“AI”) and advanced knowledge extraction techniques as applied to the search for mineral deposits, announced today that it has acquired three new properties based on the interpretation of a database of geological data of the Abitibi region acquired from the Quebec government.
DIAGNOS identified a significant zone of potentially anomalous Nickel on the Vassan Nickel property, the Figuery Nickel property and the Wendell South property. The Vassan Nickel property is located in NTS map sheet 32C04 in the Abitibi region of western Quebec, approximately 12 km to the north-west of the town of Val D’Or and consists of 19 claim blocks. The target zone has seen only limited previous exploration work and has yet to be drilled. The property shares many of the same geological and geophysical features as the Marbridge mine, a 700,000 tons, 2.28% Ni + minor Cu deposit. Nickel mineralization in the district is of the form of Komatiitic Volcanic Flow associated sulfide mineralization. Surface sampling by DIAGNOS (Lab results to come) confirmed the presence of disseminated pyrite and pyrrhotite in gabbro and diorite wall rocks units as well as local zones of >0.5% disseminated sulfides in the ultramafic units. The property also lies at the north end of a N-S trending Ni rich till train.
The second acquired property is the Figuery Nickel property which is located along an approximately 20 km long east-west trending ultramafic (Komatiitic) sill in the Figuery Township of NTS region 32D09 of Abitibi Quebec. The property is extremely promising for the discovery of Nickel-Copper-Chrome mineralization particularly because it has yet to be drilled and also because of its proximity to the Wendell Nickel deposit. In addition, 7,200 ppm Cu was recovered in drill core over approximately 2 m, less than 2 km from the claim block.
The third acquired property is the Wendell South property, located approximately 3 km to the east of the Figuery property along the same east-west trending ultramafic sill. The property is equally promising for the discovery of Nickel-Copper- Chrome mineralization particularly because it has only been drilled well to the south of the sill and also because of its proximity to the Wendell Nickel deposit. Moreover the E-W trending komatiitic sill along which lie the Figuery and Wendell properties is extremely similar to the sill present at the Dumont deposit.
DIAGNOS has been approached by several mining companies for partnerships on these properties and hope to sign an option agreement shortly. To date, DIAGNOS has acquired 34 properties in the Province of Quebec. For more information about DIAGNIOS’ projects please consult our new web site www.diagnos.ca and click on the PROPERTIES section.
About DIAGNOS
DIAGNOS inc. develops and markets data mining software. The Corporation designed and developed MCubiX, a data mining software suite capable of extracting knowledge from historical data – in the form of images, text or traditional databases – and making predictions that improve business processes and decision making ability. CARDS (Computer Aided Resource Detection Software) can be applied to several sectors of prospecting, such as diamond, gold, zinc, copper and the oil and gas, and each one of these resources require a distinct methodology endorsed by the application. 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
Telephone: (450) 678-8882, ext. 24 alarente@diagnos.ca
Paradox Public Relations Inc.
Éric Leboeuf, President Telephone: (514) 341-0408 ericleboeuf@paradox-pr.ca
– 30 –
###