Press
Release
Unico, Inc. Announces MSHA Notification and Renewal of Mine Rescue Coverage for
Underground Activities at the Deer Trail Mine
Issued Thursday October 4, 8:58 am ET
SAN DIEGO, CA--(MARKET WIRE)--Oct. 4, 2007--Unico, Incorporated (OTC BB: UCOI),
a natural resource company in the precious metals mining sector, today
announced that its wholly owned subsidiary Deer Trail Mining Company has
submitted a correspondence notifying the U.S. Mine Safety and Health
Administration (MSHA) that the company has contracted with Atlas Fausett
Contracting, a division of Atlas Mining, for underground mine maintenance work
including portal and stope rehabilitation at the Deer Trail Mine in Marysvale,
Utah.
The notification to MSHA includes a description of the work that is being
performed by Atlas Fausett Contracting, as well as geological sampling work
undertaken by Deer Trail Mining Company under the direction of senior
geologist, Dean Misantoni. The notification also informs MSHA that screening
operations of previously mined stockpiles and/or tailings are being conducted
at the Deer Trail Mine.
In addition to the MSHA notification, Deer Trail Mining Company has secured
underground mine rescue coverage from Talon Resources, which has provide
consulting and direct representation for the company to the state of Utah's
Division of Oil, Gas and Mining (DOGM), as well as conducting certified
training and safety compliance programs required by MSHA.
Talon Resources provides a wide variety of services to the mining industry
including environmental assessments and permitting, construction inspection,
surveying, engineering, instrument calibration, permit tracking, surveys for
landfill and hazardous waste sites. They also provide mining and other
subsurface location maps and global positioning system surveys.
Initially, the Deer Trail Mining Company hired Talon Resources to provide
inspection of the underground mining activity in the PTH Tunnel and alternative
miner rescue capabilities in connection with its mine rescue team. These
activities were an integral part of the underground diamond core drilling
program at the Deer Trail Mine in 2005.
"We are pleased to have submitted the required notification to MSHA
related to the underground activities that have been initiated at the Deer
Trail Mine," stated Mark A. Lopez, chief executive officer of Unico, Inc. "The
alternative mine rescue capabilities of Talon Resources also brings an
additional level of safety to the rehabilitation and planned future underground
mining activities at the Deer Trail Mine. Safety is critically important to our
project in moving forward with our underground plans, and Talon Resources
provides strong expertise and knowledge in this area."
Atlas Fausett Contracting, a division of Atlas Mining Company
(www.atlasmining.com), is contracted to conduct initial underground maintenance
work including the replacement of timber sets, clean up of the main haulage way
and installation of ground support where needed. Atlas Fausett Contracting
provides a variety of services, including site evaluation, feasibility studies,
trouble-shooting and consultation prior to the undertaking of exploration and
mine development. AFC projects include all types of underground mine
development, rehabilitation and specialized civil construction.
During the week of September 24, 2007, Atlas began the mine maintenance work
and reopening of the PTH Tunnel that is expected to pave the way for future
underground mining activities at the Deer Trail Mine.
Unico recently completed the purchase of the Deer Trail Mine for its Deer Trail
Mining Company subsidiary.
Shareholders who would like to sign up to receive information by email directly
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website, are asked to visit the company's website at
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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. 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
.