U.S. Bureau of Land Management Issue ROD for General Moly’s Mt. Hope Project

General Moly Inc. (NYSE: GMO, TSX:GMO) announced that the U.S. Bureau of Land Management issued a Record of Decision  to authorize development of the Mt. Hope Project.

As quoted in the market report:

The ROD issued by the BLM for the Mt. Hope Project approves the Plan of Operations for construction and operation of the mining and processing facilities and also grants the Rights-of-Way for the 230 kV power transmission line. Monitoring and mitigation measures identified in the ROD developed in collaboration with the regulatory agencies involved throughout the permitting process will avoid, minimize, and mitigate environmental impacts, and reflect General Moly’s commitment to operate this mine to the highest environmental standards.

General Moly’s CEO, Bruce Hansen, said:

This is the culmination of six years of hard work and dedicated effort from our team and the BLM, with significant input from all the cooperating and commenting agencies and the general public to responsibly develop the world-class Mt. Hope Project

To view the whole press release, click here.