Press
Release
Unico, Inc. Announces Additional Updates on Reconstruction Progress at the
Mill and Processing Facility at the Deer Trail Mine
Issued Tuesday June 19, 9:27 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jun. 19, 2007--Unico, Incorporated (OTC BB:
UCOI), a natural resource company in the precious metals mining sector, today
announced additional updates on the progress of reconstruction work at the mill
and processing facility at the Deer
Trail Mine in Marysvale, Utah.
A new photo gallery showing the additional reconstruction progress at the Deer
Trail Mine is expected to be added to the Unico website, www.unicomining.com,
in the next several days.
With construction of the support legs for the thickener bridge completed, the
thickener bridge has been installed along with the thickener rake mechanism. The
floor of the thickener has been sealed and the waterproofing membrane is now
installed. The company expects to have the rebar grids and cement forms in
place this week, and the concrete and the pump truck have been scheduled for
late next week to pour the thickener cone.
Two Wilfley concentrating tables used in the mill's gravity separation
circuit are currently having their tops refurbished and riffling replaced. Once
this work is complete, they will be reinstalled in the main mill building.
The Denver Duplex mineral jig, which is used to capture any free gold from the
process slurry that is not recoverable in the floatation circuit, has been
cleaned and serviced and is scheduled to be installed in the next several days.
The concentrate from the Denver jig will be sent to the Wilfley tables for
further cleaning and then refining.
"Each week brings additional progress of the reconstruction work at the
mill and processing facility at the Deer Trail Mine, and we are pleased to
provide this update to shareholders, especially in light of our pending
purchase of the Deer Trail Mine," said Mark A. Lopez, chief executive
officer of Unico, Inc. "The new photo gallery expected to be posted to our
website in the next several days will include photographs of each of the areas
described in this update. We plan to continue providing both the narrative
descriptions of recent reconstruction progress and pictures showing the ongoing
work at the facility through the completion phase and into the start-up of
processing operations."
Shareholders who would like to sign up to receive information by email directly
from Unico, Inc., including when new photo galleries are posted to the company
website, are asked to visit the company's website at
http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate
fields.
About Unico, Inc.
Unico, Inc. (OTC BB: UCOI) is a publicly traded natural resource company in the
precious metals mining sector that is focused on the exploration, development
and production of gold, silver, lead, zinc, and copper concentrates at its
three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the
Silver Bell Mine. The company has also announced agreements to acquire over 70
additional mining claims. For more information, please visit
www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended and such Section 21E of
the Securities Exchange Act of 1934, as amended. Such statements are subject to
risks and uncertainties that could cause actual results to vary materially from
those projected in the forward-looking statements. The company may experience
significant fluctuations in operating results due to a number of economic,
competitive and other factors. These factors could cause operation results to
vary significantly from those in prior periods, and those projected in
forward-looking statements. Information with respect to these factors, which
could materially affect the company and its operations, are included on certain
forms the company files with the Securities and Exchange Commission.
Contacts:
Gemini Financial Communications, Inc.
A. Beyer
951-587-8072
investors@unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
.