Unico, Inc. Announces Release of July 2008 Investor
Newsletter with Updates on Recent Activities at the Deer Trail Mine
Issued Wednesday July 16, 9:22 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jul. 16, 2008--Unico, Incorporated (OTC BB:
UNCO), a natural resource company in the precious metals mining sector, today
announced the release of the company�s July 2008 investor newsletter, which
updates recent activities at the mill and processing facility at the Deer Trail
Mine in Marysvale, Utah.
A PDF version of the July 2008 newsletter has been added to the company�s
website at http://www.unicomining.com./news/newsletters.php, and an email
notification of the newsletter�s release will be sent to subscribers to Unico�s
electronic mailing list.
The main article in the newsletter reviews additional improvements and repairs
that have been made as a result of ongoing testing of the completed floatation
circuit at the Deer Trail mill facility. Repairs and improvements were
undertaken in order to facilitate more effective and efficient operations at
the mill, and the company looks forward to the next steps at the facility,
which are expected to include the production of concentrate.
The newsletter also highlights the company�s recent announcement of the
appointment of Alex Scarbrough as senior geologist for the company�s wholly
owned subsidiary, Deer Trail Mining Company LLC. Mr. Scarbrough possesses
thirty-three years of experience in the minerals exploration industry and a
broad academic background in geology.
Also included in the newsletter is an article on additional financing that
Unico has received through the sale of new convertible debentures to Moore
Investment Holdings, LLC, a Nevada limited liability company. The funding has
been targeted toward upgrades and improvements to the floatation circuit at the
mill and processing facility at the Deer Trail Mine.
�We continue to focus a significant amount of attention on processing
operations at the Deer Trail mill, and the July newsletter reviews recent
improvements to the facility,� commented Mark A. Lopez, chief executive officer
of Unico, Inc. �We look forward to providing additional information as new
milestones are achieved, especially as it relates to the production of
concentrate at the mill.�
Shareholders who would like to sign up to receive information by email directly
from Unico, Inc., including when new photo galleries and video clips 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: UNCO) 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 two
mine properties: the Deer Trail Mine and the Silver Bell Mine. The company has
also announced agreements to acquire over 70 additional mining claims including
the Clyde and Crown Point mining claims. In August 2007, 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
investors@unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
.