Press
Release
Unico, Inc. Announces Energizing of Electrical Power
Substations at the Deer Trail Mine
Issued Tuesday October 9, 9:18 am ET
Power Now Available Inside Mill and Processing Facility
SAN DIEGO, CA--(MARKET WIRE)--Oct. 9, 2007--Unico,
Incorporated (OTC BB: UCOI), a natural resource company in the precious metals
mining sector, today announced the energizing of the main electrical
substation, the secondary electrical substation and the distribution panels
inside the mill and production facility at the Deer Trail Mine in Marysvale, Utah. As a result of the recent electrical work
at the site, electrical power is now available inside both mill buildings at
the site.
The main substation supplies the 1.5 megawatts of power required to operate the
mill and processing facility at the Deer Trail Mine. The completed secondary
substation reduces the voltage from 12,470 volts to the 480 volts needed to
operate the mill facility.
Equipment inside the mill buildings that run on 208 volts or 120 volts are now
powered and the company is starting to power up the 480-volt equipment. With
power from the substations secured, generator power is no longer required to
run equipment inside the mill buildings. In addition to powering equipment
inside the facility, the lighting inside both mill buildings has been powered
and is currently operating.
Energizing of the substations was completed with the assistance of electrical
contractor Cache Valley Electric (www.cve.com), one of the largest electrical
contractors in the western United
States.
"Energizing the main and secondary substations, which allows for the flow
of electricity into the mill buildings, is a significant milestone for our
project at the Deer Trail Mine," stated Mark A. Lopez, chief executive
officer of Unico. "The power supplied by the
substation will be used for processing operations at the mill, as well as for
potential future mining activities at the Deer Trail property and other Unico claims in the area. We look forward to completing the
remaining electrical work inside the mill buildings so that all of the
equipment in the facility can be powered by the electrical system that is now
in place."
Unico recently completed the purchase of the Deer
Trail Mine for its Deer Trail Mining Company subsidiary.
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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 also announced
agreements to acquire over 70 additional mining claims. Recently, Unico announced that its wholly
owned Deer Trail Mining Company subsidiary had completed the purchase of the
Deer Trail Mine from Crown Mines, LLC. 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
951-677-8073
abeyer@geminicommunications.us
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
.