Technical Study
Western Exploration Commences Grid Power Feasibility Study for Doby George Project with Expandability for Gravel Creek
Western advances the Doby George power study and permitting process while managing dilution and going concern risks at the project.

Executive Summary
- Western Exploration Inc. announced that Raft River Rural Electric Co-operative (RRREC) has commenced a feasibility study to evaluate grid power supply for the Doby George gold project.
- The study, conducted by WSP, will analyze system capacity to support a 3.5 MW peak and 5 MW motor start load at Doby George, while also evaluating infrastructure upgrades needed for a potential 6 MW load at the Gravel Creek project.
- The company is concurrently advancing baseline environmental and cultural studies for Doby George, targeting a Mine Plan of Operations (MPO) submission by the end of Q2 2026.
- This follows the May 5, 2026 update where the company stated discussions with a regional utility were underway and a formal feasibility study was targeted for Q3 2026. The June 9 announcement indicates the study has commenced slightly ahead of schedule.
Material Impact
- The commencement of the power feasibility study is a routine, expected milestone in the pre-permitting phase of a mining project. It de-risks the capital expenditure profile for Doby George but does not alter the fundamental economics or timeline materially.
- The study's focus on expandability for Gravel Creek adds strategic value to the Aura district, potentially lowering future power costs for higher-grade epithermal targets.
- The news is in line with previous expectations and management's stated timeline. It represents incremental progress rather than a market-moving event.
- No new financial guidance or capital raise is announced alongside this update. The company remains fully funded through Q2 2027 per the March 17, 2026 program outline.
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Company Overview
- Western Exploration Inc. is a Nevada-based precious metals explorer focused on the Aura Project.
- Flagship project: Doby George, a near-surface oxide heap-leach gold project with a positive 2025 PEA showing an after-tax NPV of $70.7M (base case) and $211.2M (upside), with an IRR of 25.4%-62.2%.
- The Aura district also includes the Gravel Creek/Wood Gulch high-grade gold-silver epithermal system, with a combined indicated and inferred resource of ~10.27 Moz AuEq.
- The company is advancing Doby George through the permitting phase, targeting an MPO submission in Q2 2026 and a Pre-Feasibility Study in Q1 2027.
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May 05, 2026 · 07:05