General Moly Completes Preliminary FEIS For Mt. Hope Project

General Moly, Inc. (TSX: GMO) announced the completion of the Mt. Hope project Preliminary Final Environmental Impact Statement by the Bureau of Land Management.

As quoted in the press release:

Cooperating agencies, including the County of Eureka, the National Park Service, and the Nevada Division of Wildlife, as well as the U.S. Environmental Protection Agency (EPA), will have 15 business days to review the PFEIS.

Bruce D. Hansen, CEO of General Moly, commented:

We continue to move forward in the Environmental Impact Statement (EIS) permitting process for our Mt. Hope project and are pleased at the diligence, focus and progress the BLM continues to demonstrate. We anticipate the BLM to finalize the EIS shortly, and we continue to expect a receipt of our Record of Decision (RoD) as well as completion of the remaining major Nevada State permits by the end of 2012, and to commence construction shortly thereafter.

Click here to read the full press release.