Press Release
Unico, Inc. Releases January 2008 Investor Newsletter With Year-In-Review
Feature
Issued Wednesday December 23, 9:18 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jan. 23, 2007--Unico, Incorporated (OTC BB:
UCOI), a natural resource company in the precious metals mining sector, today
issued its January 2008 investor newsletter, which includes a Year-In-Review
feature highlighting significant events that occurred throughout the 2007
calendar year, including the purchase of the Deer Trail Mine in Marysvale,
Utah.
A PDF version of the 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 Year-In-Review feature covers milestones reached during 2007, which began
with the reporting of ongoing reconstruction of the mill and processing
facility at the Deer Trail Mine. As 2007 began, work was underway in both of
the main mill buildings, and a reliable, cost-effective supply of power to the
facility had not yet been established. The Deer Trail Mine was still subject to
a lease agreement with a purchase option. As the Year-In-Review article
discusses, 2007 saw significant progress on the reconstruction work at the Deer
Trail mill facility, completion of an electrical power system at the site, and
the purchase of the Deer Trail Mine from Crown Mines, LLC. The article also
covers the completion of logging and splitting work on core samples taken from
the underground diamond core drilling program conducted at the Deer Trail Mine
in 2005, additional permits and approvals required to cover expansion of the
mill and processing facility as well as underground activ! ities at the site,
and personnel changes with the addition of a new chief financial officer for
Unico and a new senior metallurgist and new senior geologist for the company's
wholly owned Deer Trail Mining Company subsidiary.
The January newsletter also reviews recent onsite metallurgical activity
conducted at the Deer Trail Mine under the supervision of senior metallurgist
Edgar Blanco. Mr. Blanco is developing the reagent schematic and mineral
characteristics for the floatation circuit, which will help to perfect the
overall mineral recoveries once processing operations are initiated at the mill
and processing facility at the Deer Trail Mine. Another article in the
newsletter addresses recent progress of reconstruction work at the mill
facility.
"The 2007 calendar year was an extremely busy period for Unico,
particularly for its wholly owned Deer Trail Mining Company subsidiary, so we
made use of our January 2008 newsletter to provide a review of significant
events for the year," stated Mark A. Lopez, chief executive officer of
Unico, Inc. "We look forward to even more progress in 2008 and hope our
shareholders continue to follow the development of our project at the Deer
Trail Mine with great interest and support our efforts to move the company
forward in the coming years."
Shareholders who would like to sign up to receive information by email directly
from Unico, Inc., including when newsletters are issued and 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. 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
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
.