Press
Release
Unico, Inc. Announces MSHA Notification of Evacuation
and Escape Plan for Future Underground Activities at the Deer Trail Mine
Issued Thursday October 18, 9:08 am ET
SAN DIEGO, CA--(MARKET WIRE)--Oct. 18, 2007--Unico,
Incorporated (OTC BB: UCOI), a natural resource company in the precious metals
mining sector, today announced that its wholly owned Deer Trail Mining Company
subsidiary has submitted the Evacuation and Escape Plan for the Deer Trail Mine
in Marysvale, Utah to the U.S. Mine Safety and Health
Administration (MSHA).
The correspondence to MSHA for the Evacuation and Escape Plan included
Emergency Notification Procedures and Information, Evacuation and Escape
Procedures, Mine Maps, Mine Map Locations, Escape and Evacuation Instructions,
and Underground Firefighting Procedures for the Deer
Trail Mine.
The current written plans and escape maps have been made available to miners at
the site, and every miner is extensively trained in evacuation instructions. First
aid stations have been strategically located throughout the mine and on the
surface for easy access. Emergency ventilation is provided in the event of a
power failure. Underground emergency transportation is provided by mine
locomotive as well as by foot, and surface emergency transportation will be
conducted by a Piute County Emergency Response Team.
Previously, the company submitted a notification to MSHA that includes a
description of underground work planned for the Deer Trail Mine. Atlas Fausett Contracting, a division of Atlas Mining Company,
has been engaged for underground mine maintenance work including portal and stope rehabilitation at the Deer Trail Mine. The
maintenance work and reopening of the PTH Tunnel is expected to pave the way
for future underground mining activities at the site.
In addition to the MSHA notification, Deer Trail Mining Company has secured
underground mine rescue coverage from Talon Resources, which provided
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.
"The submission of our Evacuation and Escape Plan is an important element
in the preparations for future underground mining activities at the Deer Trail
Mine," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We
will continue to comply with the safety requirements of MSHA and all other
appropriate agencies as we move forward with our planned mining and processing
activities at the site."
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
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. 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
.