General Moly, Inc.

11:38 AM EST - General Moly, Inc. : Reports that based on a review of historic drill results, the Company has identified a potential high-grade, copper-silver exploration target along with a significant zinc mineralized area at the Mt. Hope Project site, southeast of the Mt. Hope's molybdenum deposit in central Nevada. General Moly, Inc. shares T.GMO are trading unchanged at $0.53.