Press Release
Unico, Inc. Announces Additional Updates on
Reconstruction Progress at the Mill and Processing Facility at the Deer Trail
Mine
Issued Wednesday April 18, 9:40 am ET
SAN DIEGO, CA--(MARKET WIRE)--Apr. 18, 2007--Unico,
Incorporated (OTC BB: UCOI), a natural resource company in the precious metals
mining sector, today announced additional updates on the progress of
reconstruction work at the mill and processing facility at the Deer Trail Mine
in Marysvale, Utah. A new photo gallery showing the
additional reconstruction progress at the Deer Trail Mine is expected to be
added to the Unico website, www.unicomining.com, in
the next several days.
Several of the electrical motors in the main mill building have been wired and
will be tested upon completion of the substation. The recently purchased
electrical panels have been delivered to the site, including the Genie
articulating man-lift with a 60-foot reach that will be used in the
construction of the fine ore bin upper deck and other high structures at the
site.
The company has reported delivery of the filter bags used for the Eimco filter in the new mill building. The filter bags were
ordered from National Filter Media of Salt Lake City, Utah and are currently
being installed on the filter sectors. Once installation of the filter bags on
the filter sectors is completed, the filter sectors will be installed on the
filter.
Also in the new mill building, cross braces that support the upper mezzanine
floor plate have been installed, and installation of the floor plating has
begun. The steel supports for the upper concrete floor above the conveyor pump
slot have been installed. An all steel plate for erecting the thickener tank
has been purchased and is being machine-rolled for installation.
A complete set of new screens for the screening plant was ordered from Kimball
Equipment (http://www.kimballequipment.com/) of Salt Lake City. Delivery of the new screens
is expected next week. In preparation of continued screening plant operation, a
significant amount of time and effort has been spent servicing the Cat Loader
and hard-facing the Loader bucket and the Case Excavator bucket. New rollers
are presently being installed on the Cat D-7 dozer, in order to improve
reliability for screening plant operations this season.
Insulation for the fine ore bin has been delivered in preparation for the
arrival of the construction crew from FMS, Inc., who will perform the actual
installation. The perlins for the fine ore bin are
expected within the next several days.
A new road into the substation is now complete with sufficient width and
quality to accommodate a 50-ton crane and transformer transport vehicle.
"The reconstruction work at the mill and processing facility at the Deer
Trail continues at a brisk pace, and we are pleased to see the ongoing progress
in virtually every area of the site," said Mark A. Lopez, chief executive
officer of Unico, Inc. "We look forward to the
arrival of the construction crew from FMS, Inc., which has been contracted to
expedite the completion of any remaining construction at the facility. We are
committed to keeping shareholders updated throughout this process with press
releases, our monthly newsletter and the photo galleries that are regularly
added to our website."
Shareholders who would like to sign up to receive information by email directly
from Unico, Inc., particularly when new press
releases, monthly newsletters, SEC filings or other information is disclosed,
are asked to visit the company's website at
http://www.unicomining.com/IR/mailinglist.php.
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 recently announced
agreements to acquire over 70 additional mining claims. 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
951-587-8072
investors@unicomining.com
www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
.