Western Desert Resources has just had an announcement It says!...

Western Desert Resources has just had an announcement It says! NEW IP ANOMALY IDENTIFIED
DRILL READY TARGET
DRILLING OCT ‘07
I'm new to the mining game, what does this all mean, have they found an interplanetary starship from the Delta Quatrant or some sort of rock, Platinium gold or Uranium Maybe. Definately seems to have a lot of Sulphide
The termanology they use I am not familiar with can someone please simplify

Burt Plain (100% WDR)
• New IP (Induced Polarisation) anomaly
identified at Capricorn
• Enhances existing coincident Magnetic & Gravity
Anomalies located 40 km north of Alice Springs
• Capricorn contains the largest known
magnetic anomaly in NT, coincident with:
• A very large (10 mgal) gravity anomaly
• A large very high tenor IP anomaly
• Potential large "massive sulphide" body
• Drilling scheduled for October 2007