Nippon Dragon Resources will use DIAGNOS’s Artificial Intelligence tools to optimize exploration of its Rocmec 1 and Denain properties
Brossard, Quebec, January 24th, 2017 Nippon Dragon Resources Inc. (the "Company" or "Nippon") (TSX-V Symbol: NIP) is pleased to announce that it has signed an agreement with Diagnos inc., a leader in applying Artificial Intelligence in data mining technical services, for use of its CARDS software (Computer Aided Resource Detection Software) to generate mining targets on Nippon’s Rocmec 1 and Denain properties. This powerful exploration tool will make it possible to compile all the data with those of neighboring regions to produce precise exploration targets. The agreement totals $70,000 and will serve as a guide for our future drilling programmes.
"These reports will help the company better understand both deposits and will enable Nippon to provide specific targets for future exploration and thus increase its resources by focusing on these targets in our next diamond drilling campaign. New mining technologies such as Diagnos’s CARDS and Nippon’s Thermal Fragmentation mining method, make it possible to stand out and provide significant cost savings', stated Donald Brisebois, Nippon’s President and CEO
Nippon is active in the exploration and the development of gold resources in Quebec. The Corporation holds a gold property with resources recognised in accordance with NI43-101, a modular treatment plant and also an exclusive license for the Thermal Fragmentation mining method.
The company’s growth strategy is based on:
• The development of its gold deposits with the objective of producing revenue from its operations;
• Increasing the value of its mining assets by prioritizing the exploration targets; and
• The commercialisation and employment of its thermal fragmentation technology.
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration and production activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.
Ressources Nippon Dragon Resources Inc. 7055 Taschereau Blvd., suite 500, Brossard (Quebec) J4Z 1A7
Tel: (450) 510-4442 www.nippondragon.com