WDR 0.00% 14.5¢ western desert resources limited

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

  1. 376 Posts.
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    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
 
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