Press
Release
Unico, Inc. Announces the Addition of a New Photo
Gallery Showing Progress of Work by Atlas Fausett
Contracting to Rehabilitate the Deer Trail Mine for Underground Mining
Activities
Issued Tuesday October 2, 9:09 am ET
SAN DIEGO, CA--(MARKET WIRE)--Oct. 2, 2007--Unico,
Incorporated (OTC BB: UCOI), a natural resource company in the precious metals
mining sector, today announced a new photo gallery showing initial work by
Atlas Fausett Contracting, with which the company's
wholly owned Deer Trail Mining Company subsidiary has contracted for
underground mine maintenance work including portal and stope
rehabilitation at the Deer Trail Mine in Marysvale,
Utah, has been posted to the company's website, www.unicomining.com. The
maintenance work and reopening of the PTH Tunnel is expected to pave the way
for future underground mining activities at the Deer Trail Mine.
The new photo gallery showing the initial work by Atlas Fausett
Contracting has been added to the "Media" section of the Unico website at www.unicomining.com./news/othermedia.php.
Atlas Fausett Contracting, a division of Atlas Mining
Company (www.atlasmining.com), 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.
Atlas Fausett Contracting 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.
The photo gallery includes pictures of the several stacks of new mine timber
delivered to the Deer Trail Mine. The mine timbers were used to shore up the
main haulage tunnel, which leads into the PTH Tunnel at the Deer Trail Mine. Equipment
was brought in to rehabilitate the portal including three Gardner- Denver
Jackleg drills, ore slushier and bucket.
The gallery shows the main haulage tunnel before the rehabilitation work was
initiated. Atlas personnel are shown in the process of repairing the first 20 feet of timber where the
PTH Tunnel starts underground. This work also involved removing the overburden
on the hillside for approximately 20 feet into the mine, followed by removing the
rotten timber that were installed to collar the tunnel several decades ago.
The final two photographs in the gallery show the main haulage tunnel after the
timbers were replaced.
Atlas' work is expected to bring the 3400 East stope
in compliance with MSHA standards. The 3400 East area was previously mined for
silver, gold, lead and zinc. The mineralized broken rock from the development
waste generated from the rehabilitation of the 3400 East stope
is expected to provide additional immediate feed for the mill and processing
facility at the Deer Trail Mine, in addition to the material from upper dump
area, which has been screened and is prepared for processing.
"The new photo gallery added to our website shows how quickly and
effectively the Atlas crew has completed the initial rehabilitation work at the
entrance to the PTH Tunnel at the Deer Trail Mine," stated Mark A. Lopez,
chief executive officer of Unico. "We hope that
our shareholders are pleased to see that we have initiated the work to reopen
the Deer Trail Mine for potential future underground mining 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 Atlas Mining Company
Atlas Mining Company is a diversified natural resource company with a focus on
the development of the Dragon Mine halloysite clay
deposit in Juab
County, Utah. Atlas
also operates the Atlas Fausett Contracting Division,
an underground mining and drilling contracting business. Atlas stock trades on
the OTC Bulletin Board under the symbol "ALMI." More information
about Atlas Mining Company can be found at http://www.atlasmining.com.
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
.