Unico, Inc.
Announces Additional Improvements at the Mill and Processing Facility at the
Deer Trail Mine
Issued Wednesday February 11, 10:05 am ET
SAN DIEGO, CA--(MARKET WIRE)--Feb. 11, 2009--Unico, Incorporated (OTC BB:
UNCO), a natural resource company in the precious metals mining sector, today
announced recent improvements at the mill and processing facility at the Deer
Trail Mine in Marysvale, Utah. The floatation circuit at the mill
facility has been completed and concentrate has been produced.
A new photo gallery showing the improvements at the mill facility will be added
to the Unico website, www.unicomining.com, in the next several days.
A Falcon concentrator, which will be used to scavenge coarse un-floatable gold
from the tailing stream has been delivered and installed at the facility and is
currently being configured into the floatation circuit and tested. The
concentrator was loaned to Unico?s wholly owned Deer Trail Mining Company
subsidiary for trial purposes only and will assist in determining if it is
economical to recover any free gold in the sulfide tailings.
Several tests will be conducted with the Falcon concentrator on the Deer Trail
oxide screened material. The concentrator may increase the overall recoveries
of precious metals from the oxide material, helping in the overall economics of
processing several additional waste dumps at the upper Deer Trail Mine. The
unit is fully automated to aid in ease of operation.
An Eimco 4-foot 4 disc filter and Nash vacuum pump have also been installed at
the mill facility. The reconditioned filter will be used to aid in the
filtration of sulfide concentrates. The reconditioned filter is awaiting
new filter sectors and filter media, which have been located and are scheduled
to be purchased.
The second ore bin has been brought online, adding an additional 70 tons of
crushed ore capacity to the ball mill circuit. This helps to facilitate
continuous operation of the ball mill, allowing less frequent fillings of the
single ore bin and allowing the flotation mill to operate a continuous 14 hours
between reloading.
New reagent feeders that will feed soda ash and lime directly to the ball mill
without being mixed with water first have been fabricated and are awaiting the
delivery of the adjustable vibrating feeder attachments. This will help
to conserve space on the upper landing in the floatation mill and simplify the
slaking of the dry reagents being used. Current milling operations have
used lime and soda ash in a liquid form.
?The improvements recently made to the mill and processing facility at the Deer
Trail Mine are expected to improve efficiency at the mill,? stated Mark A.
Lopez, chief executive officer of Unico, Inc. ?We will continue to work
to refine the operations at the mill in order to maximize the recovery of
concentrates at the facility and move the project
forward.?
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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
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