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Press Release
Unico, Inc. Announces Additional Reconstruction Progress at the Mill and Processing Facility at the Deer Trail Mine
Issued Thursday May 17, 8:58 am ET
SAN DIEGO, CA--(MARKET WIRE)--May. 17, 2007--Unico, Incorporated (OTC BB: UCOI), a natural resource company in the precious metals mining sector, today announced additional reconstruction progress at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. A new photo gallery showing the additional mill facility reconstruction work is expected to be added to the Unico website, www.unicomining.com, in the next several days.
The Krebs Cyclone (www.krebs.com), used for the classification of ores processed through the ball mill, has been delivered to the site for installation in the main mill building. The Krebs Cyclone is expected to increase efficiency of the grinding circuit. Its primary function will be to indicate whether the ore is too course and must be recycled back through the ball mill.
Also delivered to the Deer Trail Mine was the conveyor belt scale, which will be utilized in quality control measures to meter the weight of the ore going into the ball mill and will give readings of tons of material processed per hour and pounds of material processed per minute.
The rolled steel used for the walls of the WesTech 40-foot thickener, which will primarily be used to thicken tailings, have been delivered to the site and installation of the walls has begun in the new mill building. The thickener bridge-deck, which holds the thickener mechanism and rakes is also on site and will be installed in conjunction with the walls of the thickener.
A new trench has been dug from the upper water holding pond where a pipeline will be installed to carry water for the floatation circuit and other processes at the mill and processing facility.
Additional wiring, conduit and stop/start controls have been connected and several low voltage items in the main mill building are being tested using generator power.
A crew is conducting a survey of the property lines of the Deer Trail project, so that all boundaries are firmly established and recorded as the company moves forward with future processing and mining activities at the property.
"Several members of Unico management visited the Deer Trail Mine this week, and we were able to view the recent progress and ongoing work at the mill and processing facility firsthand," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We continue to be very pleased with the progress of the reconstruction project and look forward to additional work that is anticipated over the next several weeks, since so much additional progress is expected during this period."
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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. 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
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
.