General Moly, Inc. reported that its ongoing exploration drilling intercepted significant high-grade, shallow intervals of zinc mineralization and confirmed the presence of a high-grade copper and silver mineral target at depth at the Mt. Hope skarn area, southeast of the molybdenum deposit. Drill results for the first five assayed holes of an 11-hole program intersected significant intervals of high-grade, sulfide zinc mineralization close to the surface, suggesting the potential for open pit recovery. Completed drill assay results for holes MH-250 through MH-253 are reported in the Appendix 1 table, including these highlights below: Including these highlights below: MH-250 intersected 4.5 feet of 1.48% copper, 3.47 troy ounce per short ton (“opt”) silver and 3.22% zinc from a depth of 742 feet; MH-251 intersected 50 feet of 8.72% zinc, starting from a depth of 76 feet, including 20 feet of 13% zinc from a depth of 86 feet, 20 feet of 2.9% copper and 6.57 opt silver from a depth of 571 feet, including 10 feet of 4.54% copper and 10.37 opt silver from a depth of 571 feet; MH-252 intersected 112 feet of high-grade zinc mineralization from a depth of 101 feet, including 30 feet of 3.93% zinc and 0.7 opt silver from a depth of 101 feet, 24 feet of 3.05% zinc from a depth of 146 feet, 5 feet of 8.42% zinc and 0.76 opt silver from a depth of 186 feet, 53 feet of 7.24% zinc from a depth of 215 feet; MH-253 intersected; 45 feet of 4.61% zinc from depth of 76 feet, 23 feet of 2.53% zinc from a depth of 278 feet, 19.5 feet of 0.73% copper and 1.92 opt silver from a depth of 526 feet, 80 feet of 0.58% copper and 2.14% opt silver from a depth of 556 feet, including feet of 3.81% copper and 20.12 opt silver from a depth 596 feet, 6 feet of 2.75% copper and 2.64 opt silver from a depth of 1,158 feet. Hole MH-254 was drilled vertically off the same drilling platform as MH-253. Assays are pending. The next planned hole MH-255 will be focused on the high chargeability target, which could correlate with copper mineralization, to the northeast of the drill collar of hole MH-254, while MH-256 will target the high resistivity target, which could correlate with zinc. Both MH-255 and MH-256 are shown on the Drill Hole Location Map and Induced Polarization cross-section.