General Moly Updates Mt. Hope Project Progress

General Moly GMO provided an update to the Mt. Hope Project's permitting progress. As previously announced, the Preliminary Draft Environmental Impact Statement was completed and provided to cooperating agencies, which include the County of Eureka, Nevada, the National Park Service and the Nevada Division of Wildlife, on August 18, 2010. Those agencies, in addition to the Company, the U.S. Fish and Wildlife Service, and the Environmental Protection Agency, provided comments on the PDEIS to the Bureau of Land Management on September 23, 2010. Since then, the BLM and its independent EIS contractor have been working to review and incorporate the comments received into a Draft Environmental Impact Statement.