General Moly, Inc. (NYSEMKT:GMO) Files An 8-K Other Events
Item 8.01Other Items
On December 28, 2016, the U.S. Court of Appeals for the Ninth
Circuit issued a ruling on the challenge to the U.S. Bureau of
Land Managements issuance of the Record of Decision for the Mt.
Hope Project.General Moly, Inc. issued a press release announcing
the ruling on December 30, 2016.A copy of the press release is
attached hereto as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(d)Exhibits
|
Exhibit No. |
Description |
|
99.1 |
Press Release of General Moly, Inc. dated December 30, |
About General Moly, Inc. (NYSEMKT:GMO)
General Moly, Inc. is engaged in the business of the exploration, development and mining of properties containing molybdenum. The Company, through its subsidiary, Eureka Moly, LLC, holds interest in the Mt. Hope Project, a molybdenum property, located in Eureka County, Nevada. The Mt. Hope Project contains molybdenum reserves totaling approximately 1.4 billion pounds of which 1.2 billion pounds are estimated to be recoverable. It also owns a molybdenum and copper project, the Liberty Project, located in Nye County, Nevada. Its other mining properties include over 100 acres of fee simple land in the Little Pine Creek area of Shoshone County, Idaho; six patented mining claims known as the Chicago-London group, located near the town of Murray in Shoshone County, Idaho; 30 unpatented mining claims in Marion County, Oregon, known as the Detroit property, and 80 unpatented mining claims in Sanders and Madison County, Montana. General Moly, Inc. (NYSEMKT:GMO) Recent Trading Information
General Moly, Inc. (NYSEMKT:GMO) closed its last trading session 00.000 at 0.250 with 166,852 shares trading hands.