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Press Release
Unico, Inc. Announces Arrival of FMS, Inc. at the Deer Trail Mine and Work Toward Completion of Reconstruction at the Mill and Processing Facility
Issued Thursday May 3, 8:59 am ET
Photo Gallery of the New Construction to be Posted to Unico Website
SAN DIEGO, CA--(MARKET WIRE)--May 3, 2007--Unico, Incorporated (OTC BB: UCOI), a natural resource company in the precious metals mining sector, today announced the arrival of the construction crew from FMS, Inc. of Huntington Station, New York to the Deer Trail Mine, where they have begun work to expedite completion of the mill and production facility at the Deer Trail Mine in Marysvale, Utah.
A photo gallery showing the work completed with the assistance of the crew from FMS, Inc. is expected to be added to the Unico website in the next several days.
The FMS, Inc. crew, which is trained and experienced in all phases of construction, arrived on site last week and immediately began work on the fine ore bins adjacent to the main mill building. They have installed perlins on the sides of the fine ore bins, siding to cover the bins and insulation on the interior walls. Flashing has been installed to cover corners and gaps and will prevent leaking into the building. The FMS, Inc. crew has also constructed the roof to the fine ore bin structure.
In addition to the fine ore bin structure, the FMS, Inc. crew has assisted in the construction of the gallery building that runs between the fine ore bin building and the main mill building, which houses the ball mill and floatation system. The roof has been installed as well as siding, insulation, and flashing. The building has been made weather-tight, so the facility can operate virtually year-round.
Under the current agreement to provide construction services at the Deer Trail Mine, FMS, Inc.'s primary responsibility is to aid in the completion phase of mill reconstruction at the site. FMS, Inc. was previously contracted by Deer Trail Mining Company, LLC to assist with the construction of the new mill building at the Deer Trail Mine in the fall of 2006. During that period, FMS helped to build the 50 by 100 foot building adjacent to the existing mill facility that will house the thickener and filtration for the facility. FMS worked on the foundation, cement footings, the steel frame, insulation, siding, doors, roof, and all other aspects of the structure.
"The arrival of the crew from FMS, Inc. has already had a significant impact on the pace of our reconstruction work at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico, Inc. "The work on the fine ore bin building was completed very quickly with the same high level of workmanship that FMS, Inc. has provided previously at the site. We look forward to the completion of construction in several other key areas of the mill and processing facility, as well as at the electrical substation that will provide power to the Deer Trail Mine."
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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 recently 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
www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
.