Press
Release
Unico, Inc. Management Meets for Strategic Planning of Processing and Mining
Activities at the Deer Trail Mine
Issued Monday August 27, 9:15 am ET
SAN DIEGO, CA--(MARKET WIRE)--Aug. 27, 2007--Unico, Incorporated (OTC BB:
UCOI), a natural resource company in the precious metals mining sector, today
announced that key members of management visited the Deer Trail Mine in
Marysvale, Utah last week to discuss the status of the reconstruction of the
mill and processing facility, plan for the initiation of operations and
processing at the facility, and strategize future exploration targets and
planned mining operations at the Deer Trail Mine.
Mark A. Lopez, chief executive officer of Unico, traveled to the Deer Trail
Mine with Kenneth C. Wiedrich, the company's chief financial officer. At the mine,
Mr. Lopez and Mr. Wiedrich met with Charles Madsen, general manager of Unico's
wholly owned Deer Trail Mining Company subsidiary, and representatives from
FMS, Inc., a construction firm from Huntington, New York, who were contracted
to expedite completion of the mill and production facility.
Mr. Lopez also met with Dean Misantoni, who was recently hired as senior
geologist for the Deer Trail Mining Company. The immediate focus of Mr.
Misantoni's efforts will be on the development of underground mining targets
and other geological exploration activities at the Deer Trail Mine. Mr.
Misantoni has also begun an on site evaluation and mapping and sampling project
of the property. Mr. Misantoni has extensive experience in underground metals
mines in over twenty-five years as a geologist, consulting geologist, senior
geologist and related positions. Mr. Misantoni also met with Unico's consulting
geologist, Dr. Richard Kennedy, who arrived at the Deer Trail Mine during Mr.
Lopez's visit, and discussed with Mr. Misantoni the geology of the Deer Trail
Mine and past geological work undertaken at the site. Both Mr. Misantoni and
Dr. Richard Kennedy will be working together in an effort with management to
advance the mine project at the Deer Trail.
While at the Deer Trail Mine, Mr. Lopez also met with newly hired senior
metallurgist for the Deer Trail Mining Company, Edgar Blanco, who has begun his
work at the site. Mr. Blanco is focusing much of his attention on the mill and
processing facility at the Deer Trail
Mine. Included in his work at the facility will be development of the reagent
schematic and mineral characteristics for the floatation circuit, and he will
direct the implementation of adjustments that are necessary as testing phases
at the facility are initiated. Mr. Lopez and Mr. Blanco discussed the status of
Mr. Blanco's initial work at the site.
Ray Brown, the chairman of Unico's Board of Directors, also arrived at the Deer
Trail Mine during the management visit and participated in discussions related
to future mining and processing operations at the site.
"Clearly, not every visit to the Deer Trail Mine is considered newsworthy,
but given the fact that so many key members of Unico and Deer Trail Mining
Company management and staff were on hand during our most recent trip, this
visit was particularly significant," stated Mr. Lopez. "We are
pleased to have made use of this opportunity to discuss the current status of
the reconstruction work at the Deer Trail Mine, as well as continuing the planning
for both processing and future mining operations at the site."
"We will continue to update shareholders on our activities at the Deer
Trail Mine, including the progress of geological and metallurgical work as part
of our efforts to establish value at the mine," he added.
Recent personnel changes for Unico and the Deer Trail Mining Company, including
the addition of Mr. Wiedrich, Mr. Misantoni and Mr. Blanco, are now reflected
on Unico's corporate website at
http://www.unicomining.com./aboutus/corporateinfo.php. Biographical information
is available at http://www.unicomining.com./aboutus/mgnmt.php.
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
.