General Moly Schedules Third Quarter 2011 Results and Corporate Update Conference Call

General Moly, Inc. (the 'Company') (NYSE Amex and TSX: GMO) has
scheduled a conference call for analysts and investors to discuss its
third quarter 2011 results and to provide a corporate update on Tuesday,
November 1, 2011 at 4:30 p.m. ET / 2:30 p.m. MT. A listen-only webcast
will be available on the Company's website.

Bruce D. Hansen, Chief Executive Officer, and David A. Chaput, Chief
Financial Officer, and Robert I. Pennington, Vice President of
Engineering and Construction, will be available to answer questions
during the call.

A press release announcing the Company's third quarter 2011 results will
be released prior to the market open that morning and a slide
presentation will be made available prior to the conference call in the
Investors section of the Company's website, www.generalmoly.com.
For those wishing to participate in the question and answer portion of
the conference call, please utilize the dial-in number. The conference
will be archived for a limited time on the Company's website.

About General Moly

General Moly is a U.S.-based molybdenum mineral development, exploration
and mining company listed on the NYSE Amex (formerly the American Stock
Exchange) and the Toronto Stock Exchange under the symbol GMO. Our
primary asset, our interest in the Mt. Hope ?project located in central
Nevada, is considered one of the world's largest and highest grade
molybdenum deposits. Combined with our second molybdenum property, the
Liberty project that is also located in central Nevada, our goal is to
become the largest primary molybdenum producer by the middle of the
decade. For more information on the Company, please visit our website at http://www.generalmoly.com.

General Moly

Investors and Business Development

Seth
Foreman, 303-928-8591

sforeman@generalmoly.com

or

Media

Zach
Spencer, 775-748-6059

zspencer@generalmoly.com

http://www.generalmoly.com

info@generalmoly.com