Website: N/A
Stock Symbol: AMEX: GMO
Market Value: N/A (in millions)

References made in this Annual Report on Form 10-KSB to “we”, “our”, “us”, “GMI” and the “Company” refer to General Moly, Inc. We are a development stage company in the business of the exploration, development and mining of properties primarily containing molybdenum. Our primary asset is an 80% interest in the Mt. Hope Project (“Mt. Hope Project”), a primary molybdenum property, located in Eureka County, Nevada. The Mt. Hope Project has contained Proven and Probable molybdenum reserves totaling 1.3 billion pounds (1.1 billion pounds owned by GMI) of which 1.1 billion pounds (0.9 billion pounds owned by GMI) are estimated to be recoverable. In 2006, we acquired a second significant molybdenum project, the Hall-Tonopah Property (the “Hall-Tonopah Property”), located in Nye County, Nevada which we own 100%. The Hall-Tonopah Property is anticipated to become our second molybdenum operation with production, depending on market conditions, expected to begin in 2013 or 2014.