Press Release
Unico, Inc. Reports Further Reconstruction Work at the Mill and Processing
Facility at the Deer Trail Mine and Additional Screening Plant Activity
Issued Thursday June 28, 9:18 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jun. 28, 2007--Unico, Incorporated (OTC BB:
UCOI), a natural resource company in the precious metals mining sector, today
announced further reconstruction work at the mill and processing facility at
the Deer Trail Mine in Marysvale, Utah and additional ongoing screening plant
activity at the site.
A new photo gallery showing the reconstruction work is expected to be added to
the Media section Unico website, http://www.unicomining.com, in the next
several days.
With the recent installation of the thickener bridge and thickener rake
mechanism in the new mill building, the first lift of the thickener walls is
currently being completed. The concrete thickener cone has been poured, and
after the concrete has cured, the company will begin installation of the second
lift of steel plates. The main support that holds the thickener rakes is
scheduled for installation this week.
The wood structure that supports the two Wilfley concentrating tabletops has
been replaced. The Wilfley concentrating tables are used in the mill's gravity
separation circuit. Delivery of rifling and rubber sheeting for the
concentrating tables is expected shortly and they have been placed in their
permanent locations in the main mill building.
The Denver Mineral jig, which is used to capture any free gold from the
process slurry that is not recoverable in the floatation circuit, has had its
bearings inspected and is ready to be installed in line in the floatation
circuit after the Krebs cyclone.
In addition to the progress of reconstruction work at the mill and processing
facility, the company has continued screening plant operations at the Deer
Trail Mine. The screening plant has continued screening material from the first
targeted dump areas, and additional dumps areas at the Deer Trail Mine are
being sampled and assayed to determine the most economical fraction for
screening.
"We continue to see progress in all facets of our ongoing operations at
the Deer Trail Mine, and we are pleased to report this progress to our
shareholders," stated Mark A. Lopez, chief executive officer of Unico,
Inc. "The reconstruction work at the mill and processing facility at the
Deer Trail Mine has been a major focus of our efforts, and we will continue to
assist Rocky Mountain Power and Cache Valley Electric with the completion of
the electrical substation that will supply power to the Deer Trail Mine. The
ongoing screening operations are providing an available supply of feed material
for the mill once processing operations are initiated at the facility."
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
.