Press Release
Unico, Inc. Announces Additional Photo Gallery Showing Recent Progress of
Reconstruction Work at the Mill and Processing Facility at the Deer Trail Mine
Including Relocation of Laboratory Buildings
Issued Wednesday October 24, 9:18 am ET
SAN DIEGO, CA--(MARKET WIRE)--Oct. 24, 2007--Unico, Incorporated (OTC BB:
UCOI), a natural resource company in the precious metals mining sector, today
announced the addition of a new photo gallery on the company's corporate
website, www.unicomining.com, showing recent progress of reconstruction work at
the mill and processing facility at the Deer Trail Mine in Marysvale, Utah,
including completion of the relocation of the onsite laboratory and
reconnection of power to the laboratory buildings.
The new photo gallery showing the progress of reconstruction work has been
added to the "Media" section of the Unico website at
www.unicomining.com./news/othermedia.php.
The gallery includes a section with photographs of the onsite laboratory
buildings being moved from the mine site to the area of the mill buildings.
This move was undertaken to help increase efficiency of the mill operations and
improve logistics at the site. The buildings were placed adjacent to the new
concrete walkways and stairways that were recently poured to connect the
laboratory to the main mill buildings.
Several pictures also show power being reconnected to the relocated laboratory
buildings, which has allowed work in the buildings to resume.
Another section of the gallery shows the DC motors and DC speed controllers,
which operate the belts that feed the ore into the mill, after they were
installed and after the belts were tested. The frequency drives, which run the
transfer belts that feed the fine ore bins, are also shown after they were
installed and tested.
The gallery also shows the ball mill gear lubricating system, manufactured by
Farval Lubrication Systems (http://www.farval.com/), which has come online in
the main mill building.
The reconstruction of the mill and processing facility is being undertaken so
that Unico's wholly owned mining subsidiary, Deer Trail Mining Company, Inc.
can begin processing operations at the site. Above-ground stockpiles of
material at the site is the immediate target of processing operations as
additional future planned mining operations at the Deer Trail Mine are
strategized.
"The new photo gallery that was added to our website shows important work
that has been recently completed at the mill and processing facility at the
Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico.
"The relocation of the onsite laboratory to the area of the mill buildings
will improve the logistics at the site, and the work related to the ball mill
will allow for additional testing in advance of the start-up of processing
operations at the site. We are pleased to add these new pictures to the website
and hope that shareholders find them to be helpful in tracking the progress of
the Deer Trail Mine project."
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
.