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Press Release
Unico, Inc. Announces Completion of Core Splitting and Logging and Additional Reporting on Samples from Underground Diamond Core Drilling Program at Deer Trail Mine
Issued Monday March 26, 9:20 am ET
SAN DIEGO, CA--(MARKET WIRE)--Mar. 26, 2007--Unico, Incorporated (OTC BB: UCOI), a natural resource company in the precious metals mining sector, today announced that Behre Dolbear and Company (USA), Inc., a preeminent mining industry consultancy firm that is providing geological services at Unico's Deer Trail Mine in Marysvale, Utah, has completed its logging and splitting work on core samples taken from the underground diamond core drilling program conducted at the Deer Trail Mine in 2005.
The final core samples have been bagged and tagged under the supervision of Behre Dolbear's consulting geologist Alex Scarbrough and shipped to the ALS Chemex lab in North Vancouver, British Columbia for assay. A Final Summary Report will be completed and submitted to Unico by Behre Dolbear.
Photographs of the bagged and tagged samples have been added to the core logging and splitting photo gallery on Unico's website at www.unicomining.com./news/gallery.php?category_id5.
In the final round of core logging and splitting work, sample intervals were logged from the following holes UDDH #8, 0-565 feet UDDH #10, 0-459 feet, UDDH #6, 0-409 feet, and UDDH #2, 0-654 feet. Sample numbers, sample intervals, and lithologic and mineralogic descriptions were entered into the spreadsheet templates for the logged holes. In addition, sample intervals were marked on previously logged UDDH #4 in preparation for splitting.
A total of 298 samples encompassing 863 feet of core from six holes (UDDH #2, 4, 6, 7, 8, and 10) were shipped from Richfield, Utah to ALS Chemex in North Vancouver, B.C. Behre Dolbear supervised the splitting, participated in the tagging and bagging, prepared the sample submittal sheets, and shipped the samples.
Behre Dolbear also completed the following tasks while the core splitting was being completed: 1) Tabulated bedding angles to core axes for composited intervals in holes UDDH #1, 3, 5, 9, 11, 12, and 13 for calculation of true thicknesses; 2) Revised stratigraphic nomenclature and edited text describing stratigraphy for a report; and 3) Assembled data and began drafting geology and history of the Marysvale District and the Upper and Lower Deer Trail Mines, including production and grade of the latter, for a report.
Behre Dolbear will draft a complete report on the logging and analytical results of the thirteen Deer Trail holes when the analyses from the six holes conducted by ALS Chemex are received and evaluated.
"We are pleased that the final shipment of core samples have been sent to ALS Chemex for assay and look forward to the Final Summary Report from Behre Dolbear," commented Mark A. Lopez, chief executive officer of Unico, Inc. "The information in the Final Summary Report is expected to assist in our efforts to broaden our exploration plans and establish new paths for future mining potential at the Deer Trail Mine, and we await the additional reporting and analysis.
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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 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
.