LOI Entered For The Sale Of Liberty Moly LLC

LAKEWOOD, CO – General Moly, Inc. has entered into a binding letter of intent with Pathfinder Minerals LLC for the sale by the Company of Liberty Moly LLC and all assets owned by the Company that constitute the Liberty Project.  

General Moly’s primary asset, an 80% interest in the Mt. Hope Project located in central Nevada, is considered one of the world’s largest and highest grade molybdenum deposits. General Moly’s goal is to become the largest primary molybdenum producer in the world.