Unico, Inc. Announces Shipment of Concentrate Samples
from the Deer Trail Mine for Alternative Processing of Gold and Silver
Issued Thursday May 28, 9:07 am ET
SAN DIEGO, CA--(MARKET WIRE)--May 28, 2009--Unico,
Incorporated (OTC BB: UNCO), a natural resource company in the precious metals
mining sector, today announced that the company has shipped samples of
material, including a large bulk sample of flotation concentrate produced at
the Deer Trail mill facility in Marysvale, Utah, to
Royal Mines And Minerals Corporation for testing of Royal Mines? proprietary
technology for the lixiviation of precious metals.
Unico recently announced that it was pursuing
alternative processing methods for the extraction of silver and gold from
concentrate at the Deer Trail Mine. The purpose of this initiative is to
develop the most economical process and achieve the highest recovery of
precious metals possible from material produced at the site. The shipment
of concentrate and additional material from the Deer Trail Mine to Royal Mines?
processing facility in Phoenix, Arizona is one aspect of the Company?s
plan.
The shipments to Royal Mines, which is publicly traded under the symbol RYMM,
began with the delivery of an initial 1 kilogram sample of concentrate produced
at the Deer Trail mill facility. After a first round of testing had been
completed, three larger samples from the Deer Trail site were delivered,
including 45 pounds of screened material from one of the waste dumps at the
Deer Trail Mine, a 45-pound sample of oxide tailings from the site, and a one
ton sample of sulfide floatation concentrate processed at the Deer Trail mill
facility.
Two photographs of the one ton sample that was shipped to Royal Mines have been
added to the ?Media? section of the Unico website at
www.unicomining.com./news/othermedia.php.
Results from the testing of the first sample has led the Company to deliver the
three additional samples of screened material, oxide tailings and the one ton
shipment of concentrate for further testing by Royal Mines.
?We are pleased to announce the shipment of these concentrate samples to Royal
Mines as we pursue the best methods available for the recovery of precious
metals from material at the Deer Trail Mine,? stated Mark A. Lopez, chief
executive officer of Unico, Inc. ?The use of
Royal Mines processing method is one of the options we are currently
considering, and this additional testing will go a long way in determining how
the Company may proceed.?
More information on Royal Mines proprietary technology for the lixiviation of precious
metals can be found at its website, www.royalmmc.com.
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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.
951-677-8073
investors@unicomining.com
.