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Press Release
Unico, Inc. Announces Progress of Onsite Metallurgical Work at the Deer Trail Mine
Issued Wednesday September 19, 10:16 am ET
Floatation Testing of Stockpiled Material for Processing Operations Has Been Initiated
SAN DIEGO, CA--(MARKET WIRE)--Sep. 19, 2007--Unico, Incorporated (OTC BB: UCOI), a natural resource company in the precious metals mining sector, today announced onsite metallurgical activity at the Deer Trail Mine, including lab work and testing of the above ground material located on the property that can be used as immediate feed for the mill and processing facility at the Deer Trail Mine.
The metallurgical work is being conducted under the supervision of Edgar Blanco, senior metallurgist for Unico's wholly owned subsidiary, Deer Trail Mining Company. Mr. Blanco is focusing much of his attention on the mill and processing facility at the Deer Trail Mine. Included in his work is the development of the reagent schematic and mineral characteristics for the floatation circuit at the mill facility.
A new photo gallery showing the ongoing metallurgical work is expected to be added to the Media section of the Unico website, http://www.unicomining.com, in the next several days.
Mr. Blanco is currently conducting tests on the screened product produced from the upper Deer Trail dumps and previously mined ore from the 3400 East stope in the PTH tunnel. Metallurgical samples have been taken and the mineral characteristics are being observed, after which a practical and cost efficient processing route will be developed.
Ongoing bench scale floatation tests are being conducted from the 3400 East sulfide ore body. With every bench scale test, the reagent scheme is being perfected. The appropriate reagent suppliers have been contacted and additional reagent samples have been ordered, which will help to perfect the overall mineral recoveries once processing operations are initiated at the mill and processing facility at the Deer Trail Mine.
Ongoing testing of the upper Deer Trail screened product is also being conducted. This includes gravity separation, floatation and leaching. Grinding and surface chemistry are being extensively evaluated to determine the most economical means of processing.
New analytical equipment is being acquired by Deer Trail Mining Company, and the company is updating the older small equipment with newer, more advanced technology.
"As the final steps of the reconstruction of the mill and processing facility are completed, the metallurgical work that Mr. Blanco and the support staff at the Deer Trail Mine are undertaking becomes even more important for the project," stated Mark A. Lopez, chief executive officer of Unico. "The above ground material at the site is the immediate target of processing operations as additional future planned mining operations are strategized. The near-term revenue potential of the stockpiled material at the Deer Trail Mine, once mill operations have been initiated, makes it an appropriate target for Mr. Blanco's initial work."
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
.