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Unico, Inc. Announces Continued Progress on Reconstruction of Mill and Processing Facility at Deer Trail Mine
Friday July 28, 9:30 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jul 28, 2006 -- Unico, Incorporated (OTC BB:UNCN.OB - News), a natural resource company in the precious metals mining sector, today updated shareholders on progress of reconstruction of the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. Reconstruction of the mill and processing facility is designed to improve both efficiency and capacity in processing operations at the Deer Trail Mine as it begins processing stockpiled material currently present on the property. The facility is also expected to be utilized for material harvested from future mining programs at the Deer Trail Mine and other Unico subsidiaries.
A new photo gallery of the additional reconstruction work have been added to the Unico website in the "Media" section at www.uncn.com/news/othermedia.asp.
Included in the recent construction is completion of the fine ore hoppers, which will be placed into their concrete foundation. A thirty thousand gallon steel tank, one-half inch thick, has been purchased and moved onto site. The tank was split in two equal pieces measuring 16 feet tall and 11 feet wide. A 100-ton crane has been contracted to hoist the hoppers and the tank into place on their concrete foundations, and this work is scheduled for completion within the next week. Rubber Engineering has made their final measurements and fitted the templates, and the fabrication of the ball mill liners is near completion. The ball mill bearings have been sent in to Bonneville Machine in Salt Lake City to be machined. They are expected to be delivered next week.
The company has purchased a 2001 Caterpillar 938g loader, which will primarily be used for feeding the mill. A 2000 Case 9030B excavator has also been purchased, and is now being used for the screening operation. The ground has been cleared and leveled for installation of belt line to the ore silos. Two Helmick 36" by 50' conveyors with a weight tech belt scale were purchased to transport the ore from the feed bin to the fine ore bins and a feed bin manufactured by Industrial Feeder was also purchased. All leg supports have been engineered and built to support the conveyers to the fine ore bin.
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