Press
Release
Unico, Inc. Announces Progress of Additional
Reconstruction Work at the Mill and Processing Facility at the Deer Trail Mine
Issued Wednesday June 13, 9:00 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jun. 13, 2007--Unico,
Incorporated (OTC BB: UCOI), a natural resource company in the precious metals
mining sector, today announced recent reconstruction progress at the mill and
processing facility at the Deer Trail Mine in Marysvale,
Utah. A new photo gallery showing the additional mill facility reconstruction
work is expected to be added to the Unico website,
www.unicomining.com, in the next several days.
The Krebs Cyclone (www.krebs.com), used for the classification of ores
processed through the ball mill, has been installed in the main mill building
and is ready to be connected with piping to the constant density tank. The
Krebs Cyclone is expected to increase efficiency of the grinding circuit. Its
primary function will be to indicate whether the ore is too course and must be
recycled back through the ball mill.
Also in the main mill building, all of the equipment on the upper floatation
mezzanine has been installed. The electrical connections to the upper
floatation mezzanine equipment have been completed, which includes the
conditioning tanks, reagent pumps, lime slaker, air
blower for the Gallagher float cells, and the Gallagher float cells.
Rubber belting and the weight belt scale have been installed on the ball mill
conveyors, and work is underway to install the DC motors and speed controllers.
Several motors have also been connected in the new mill building.
In the new mill building, steel plating, safety railing and containment walls
have been installed on the upper mezzanine. All of the area lighting on the
upper mezzanine is in place and ready for the electrical connections. The main
lighting in the new mill building is currently being installed.
The last remaining tank purchased from Questar Gas, the local natural gas
provider, has been delivered and installed. Work on the support legs for the
thickener bridge has been initiated as the thickener walls continue to be
assembled. Preparations have begun for installation of the thickener bridge
above the thickener tank, which the company expects to have completed in the
next several days.
The concrete ramp leading from the outside into the new mill building has been
completed, and steel ramps leading down into the building from the end of the
concrete ramp have been built.
Piping that will carry the process water into the new building has been
installed, and major repairs to the upper water holding pond has been
completed.
The 1997 Western Star tandem axle semi tractor recently purchased by the
company was delivered, and it is now being used to move equipment from one
location at the Deer Trail Mine site to another. The movement of equipment to
and from the screening plant area is expected to be an immediate focus for the
new tractor truck, which was purchased to reduce wear and tear and prolong the
working life of the heavier equipment.
"We are pleased to see the continued progress of work at the mill and
processing facility at the Deer Trail Mine," stated Mark A. Lopez, chief
executive officer of Unico, Inc. "The installation of components in both
main mill buildings and additional electrical connections for the equipment
brings us closer to completion of the facility and initiation of processing
operations.
"With our pending purchase of the Deer Trail Mine, the progress we are
seeing at the mill and processing facility takes on even greater significance,
and we will continue to keep shareholders up to date on the ongoing
reconstruction work," Mr. Lopez added.
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. 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
951-587-8072
investors@unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
. 