Puma Exploration Samples 6.5% Copper on DIAGNOS-CARDS Generated Targets on the Southern Part of the Turgeon Project in New Br...
18 Diciembre 2013 - 10:18AM
Marketwired
Puma Exploration Samples 6.5% Copper on DIAGNOS-CARDS Generated
Targets on the Southern Part of the Turgeon Project in New
Brunswick
BROSSARD, QUEBEC--(Marketwired - Dec 18, 2013) - Diagnos Inc.
("DIAGNOS" or "the Corporation") (TSX-VENTURE:ADK), a leader in
knowledge extraction and artificial intelligence, is pleased to
announce that Puma Exploration (TSX-VENTURE:PUM) has confirmed the
extension of a discovery announced in February 2013 on a priority
target identified by CARDS (Computer Aided Resource Detection
System) based on the work of a copper-zinc signature on the Turgeon
project located in New Brunswick.
Trench sampling
results from the new copper discovery located 4km south of the
Turgeon Cu-Zn Project in New Brunswick, Canada announced by Puma
Exploration show a high grab sample grading of 6.5% Copper and 9.2
g/t Ag. The Turgeon East zone was identified in 2013 by doing
prospective work on a CARDS-identified target which led to the
discovery of grab samples grading up to 6.92% Cu approximately 4.0
kilometers south of the Powerline Cu-Zn Deposit (See Press Release
dated February 26, 2013 for more detail). A follow-up trenching and
stripping program was recently undertaken to define the size and
shape of last year's Turgeon East discovery.
The recent stripping
program uncovered a quartz vein ranging from 2 to 6 meters wide
over a 60-meter strike length containing chalcopyrite and pyrite in
a silicified gabbro. Seventeen (17) selected samples were collected
along the vein at a regular interval of 5 meters and displayed good
high grade copper continuity over 60 meters with 11 of the
collected samples grading more than 1% Copper. The zone is open in
both directions along strike and additional work is scheduled for
the summer of 2014 in order to expand and explore the Turgeon East
discovery.
Selected grab
samples collected in the Turgeon East Trench:
Sample # |
Cu (%) |
Ag (ppm) |
M045918 |
6.5 |
4.4 |
M045908 |
5.8 |
9.2 |
M045917 |
3.8 |
2.7 |
M045924 |
3.5 |
7.2 |
M045914 |
3.3 |
2.8 |
M045913 |
2.5 |
1.6 |
M045922 |
2.0 |
4.4 |
M045920 |
1.9 |
5.1 |
M045909 |
1.5 |
1.7 |
M045919 |
1.4 |
2.1 |
"Explore the past to
predict the future. CARDS uses artificial intelligence and
proprietary algorithms to learn the "signatures" or "fingerprints"
of resource-rich areas to detect similar sites in unexploited
regions. Our powerful technology, CARDS, enabled Puma to
concentrate their efforts and budgets on areas with high copper and
zinc potential", noted Michel Fontaine, DIAGNOS Vice-President
Mining.
"The discovery of a
new copper showing at Turgeon East in the same geological setting
and only 4 kilometers away from the Powerline Cu-Zn Deposit is very
encouraging for finding more Cu-Zn satellite deposits related to
the same VMS system and we are very excited to launch a new
drilling program at Turgeon. The discovery at Turgeon East was
effected on a Diagnos CARDS generated target", noted Marcel
Robillard, President of Puma Exploration.
About Puma Exploration
Puma Exploration is
a Canadian mineral exploration company with advanced precious and
base metals projects in Canada. The Company's major assets are the
Nicholas-Denys and Turgeon Projects in New Brunswick and the Little
Stull Lake Gold Project in Manitoba. Puma is focusing its
exploration efforts in New Brunswick, Canada, which has been ranked
fourth in the world in mining exploration by the 2013 Fraser
Institute Survey.
About DIAGNOS
Founded in 1998,
DIAGNOS is a publicly traded Canadian corporation (TSX-v: 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.
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.
Forward-looking information
This document
contains forward-looking information. There can be no assurance
that forward-looking information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in these statements.
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.
For further
information on DIAGNOS, please visit our website at www.diagnos.com
or the SEDAR website at www.sedar.com.
Michel FontaineVice-President, DIAGNOS(450) 678-8882 ext.
224Louis MorinBid Capital Markets(514) 845-1101
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