MONTREAL - CANCOR MINES and DIAGNOS, a leader in knowledge extraction and artificial intelligence, have signed an agreement for the use of Diagnos' CARDS (Computer Aided Resource Detection Software) system to generate exploration targets on Cancor's properties.
"With the incredible quantity of data which we gathered and compiled over the years, the use of the artificial intelligence in order to analyze our various layers of data can only be advantageous for exploration," said Kamil A. Khobzi, president of Cancor.
"We have had very positive comments from geologists who predicted that the CARDS technology developed by Diagnos could become the next generation of tools to be used for target acquisition. Like electromagnetism changed their way of working in the past," declared Andr Larente, president of Diagnos.
Diagnos will receive consulting fees as well as 200,000 shares of Cancor for each major discovery resulting from the application of its technology. Visit the website at www.Diagnos.ca and "Explore the past to predict the future!"
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