Mr. Bruce Hansen reports

GENERAL MOLY ANNOUNCES STRONG SUPPORT AT PUBLIC HEARINGS

The communities in Eureka county, Nevada, voiced strong support for General Moly Inc.'s Mt. Hope project at two public hearings, hosted by the Bureau of Land Management (BLM), on Jan. 18 and Jan. 19 in Eureka and Crescent Valley, Nev.

Last week, as part of the Mt. Hope project's continuing draft environmental impact statement (DEIS) public comment period, the BLM hosted two public comment hearings to allow members of the Eureka community to learn about the DEIS and to submit comments to the BLM to be incorporated into the final environmental impact statement. Both meetings were extremely well attended, with over 100 attendees at the Jan. 18 hearing in Eureka and 75 attendees at the Jan. 19 hearing in Crescent Valley. Comments submitted were overwhelmingly positive, with particularly strong support voiced from the local business community and local residents.

Bruce D. Hansen, chief executive officer, said: "I was very proud to hear community leaders from Eureka stand up in support of the Mt. Hope project. Their support is a testament to the hard work of our team in Nevada and our commitment to mining done right within the Eureka community. Importantly, no new issues were raised during the public hearings, and we continue to believe that the BLM has a very robust and defensible DEIS. We look forward to the conclusion of the public comment period on March 1, the completion of the final EIS in the third quarter and hopefully initiating construction activities before the end of the year."

We seek Safe Harbor.