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Press release from Business Wire

General Moly Announces Bruce D. Hansen to Serve as Chairman of Nevada Mining Association

Thursday, September 08, 2011

General Moly Announces Bruce D. Hansen to Serve as Chairman of Nevada Mining Association16:00 EDT Thursday, September 08, 2011 RENO, Nev. (Business Wire) -- General Moly, Inc. (the "Company") (NYSE Amex and TSX: GMO) announced that Bruce D. Hansen, Chief Executive Officer, has been appointed as Chairman of the Nevada Mining Association (NVMA) and will serve for a one-year term expiring September 2012. Bruce D. Hansen said, "I am extremely proud to be able to serve as the new Chairman of the NVMA. Nevada's rich mining heritage continues to add value every day, through its contribution in generating new high-paying jobs, general economic activity, social contributions and taxes, while doing so in a safe and environmentally responsible manner. While gold remains the most significant economic contributor, Nevada's mineral production is continuing to grow and diversify. General Moly is developing two large molybdenum projects in Nevada, while other companies are operating or developing a wide range of projects that further demonstrate the industrial and strategic value of Nevada's mineral endowment, including projects focused on copper, silver, lithium, vanadium, and construction materials.” About General Moly General Moly is a U.S.-based molybdenum mineral development, exploration and mining company listed on the NYSE Amex (formerly the American Stock Exchange) and the Toronto Stock Exchange under the symbol GMO. Our primary asset, our interest in the Mt. Hope project located in central Nevada, is considered one of the world's largest and highest grade molybdenum deposits. Combined with our second molybdenum property, the Liberty project that is also located in central Nevada, our goal is to become the largest primary molybdenum producer by the middle of the decade. For more information on the Company, please visit our website at http://www.generalmoly.com. About Nevada Mining Association The Nevada Mining Association is comprised of operating mining companies, exploration companies, suppliers of industry equipment, goods and services, counselors and consultants, and individuals interested in the well-being of the industry. The Association's objective is to maintain a business and operating environment that will encourage exploration for the development and production of minerals in Nevada using safe and environmentally conscious methods. For more information, log on to www.nevadamining.org or www.nvmineraleducation.org. General MolyInvestors and Business Development:Seth Foreman, 303-928-8591sforeman@generalmoly.comorMedia:Zach Spencer, 775-748-6059zspencer@generalmoly.comorWebsite: http://www.generalmoly.cominfo@generalmoly.com