Press Release
Unico, Inc. Issues September 2008 Newsletter Reviewing Recent Activity at
the Deer Trail Mine
Issued Thursday September 18, 10:12 am ET
SAN DIEGO, CA--(MARKET WIRE)--Sep. 18, 2008--Unico, Incorporated (OTC BB:
UNCO), a natural resource company in the precious metals mining sector, today
issued the September 2008 edition of the company�s investor newsletter, which
provides a review of recent activities at the Deer Trail Mine in Marysvale,
Utah.
A PDF version of the September 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 feature story in the newsletter reviews the company�s announcement of
recent progress of underground rehabilitation work at the Deer Trail Mine in
Marysvale, Utah. The Deer Trail Mine is operated by Unico�s wholly owned Deer
Trail Mining Company subsidiary. The progress included rehabilitation work at
the #1 tunnel, the #3 tunnel and PTH tunnel.
Additional newsletter articles highlight Unico�s receipt of an additional
$300,000 in financing through the sale of two new convertible debentures to
Moore Investment Holdings, LLC and a recently filed report concerning the
purchased of an additional 134,150 shares of Unico common stock by Chairman Ray
C. Brown.
�The September newsletter provides an overview of recent underground work and
exploration at the Deer Trail Mine, which is an important element of management�s
overall plan to develop the Deer Trail property,� stated Mark A. Lopez, chief
executive officer of Unico, Inc. �We will continue to keep our shareholders
updated on the progress of both the underground work and the progress of
testing and processing operations at the Deer Trail mill facility.�
Unico is currently completing the testing phase of the completed floatation
circuit at the mill and processing facility at the Deer Trail Mine in
Marysvale, Utah. Material is being processed as part of the testing phase, and
the company expects the next steps at the facility to include the production of
concentrate.
Shareholders who would like to sign up to receive information by email directly
from Unico, Inc., including when newsletters 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
.