Press Release Source: Unico, Inc.
Unico, Inc. Begins Operation of Screening Plant on Material at Deer Trail Mine
Tuesday July 25, 9:45 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jul 25, 2006 -- Unico, Incorporated (OTC BB:UNCN.OB - News), a natural resource company in the precious metals mining sector, today announced that subsidiary Deer Trail Mining Company, LLC has initiated screening plant operations at the upper Deer Trail Mine in Marysvale, Utah. Material is being run through the screening plant and then moved to the mill at the Deer Trail Mine in preparation for further processing.
Photographs of the operation of the screening plant have been added to the Unico website at www.uncn.com. A new picture gallery entitled "Screening Plant Operation" has been added to the "Media" section at www.uncn.com/news/othermedia.asp.
The Deer Trail Mining Company plans to screen the approximately 20,000 tons of material in the first targeted dump area, which was mined over several decades in first half of the 20th century. In total, the Company has identified approximately 80,000 tons of material from this area, which it plans to screen and process at the Deer Trail mill facility. Historically, the material mined in this area has contained economical values of both gold and silver.
"Screen analysis has been conducted on one of several mine dumps on the Deer Trail Mine property, and we have also completed in-house metallurgical work on the material contained there," stated Mark A. Lopez, chief executive officer of Unico, Inc. "This material is expected to provide additional feed for the mill and processing facility, and we are pleased to have initiated screening plant operations."
As screening of the dump material has begun, the Deer Trail Mining Company is concurrently working to complete reconstruction of the mill and processing facility, so it can process the stockpiles of material and production of the concentrates to sell in fulfillment of the company's five-year purchase contract with PGM, LLC, a private subsidiary of Polymet Corporation.
"We hope that Unico shareholders will be encouraged by the progress being made at the Deer Trail Mine, especially as it relates to preparing for processing operation at the mill. The photographs we have added to our website again show tangible results from our efforts to establish revenue streams for the Deer Trail Mining Company, and we look forward to continued progress through the activities of all of our subsidiary mine properties," added Mr. Lopez.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at www.uncn.com/IR/mailinglist.asp.
About Unico, Inc.
Unico, Inc. (OTC BB:UNCN.OB - News) 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. For more information, please visit www.uncn.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.
Contact:
Contacts:
Gemini Financial Communications for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
www.uncn.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
www.otcfn.com/uncn
www.investorshub.com/boards/board.asp?board_id=177
Unico, Inc. Begins Operation of Screening Plant on Material at Deer Trail Mine
Tuesday July 25, 9:45 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jul 25, 2006 -- Unico, Incorporated (OTC BB:UNCN.OB - News), a natural resource company in the precious metals mining sector, today announced that subsidiary Deer Trail Mining Company, LLC has initiated screening plant operations at the upper Deer Trail Mine in Marysvale, Utah. Material is being run through the screening plant and then moved to the mill at the Deer Trail Mine in preparation for further processing.
Photographs of the operation of the screening plant have been added to the Unico website at www.uncn.com. A new picture gallery entitled "Screening Plant Operation" has been added to the "Media" section at www.uncn.com/news/othermedia.asp.
The Deer Trail Mining Company plans to screen the approximately 20,000 tons of material in the first targeted dump area, which was mined over several decades in first half of the 20th century. In total, the Company has identified approximately 80,000 tons of material from this area, which it plans to screen and process at the Deer Trail mill facility. Historically, the material mined in this area has contained economical values of both gold and silver.
"Screen analysis has been conducted on one of several mine dumps on the Deer Trail Mine property, and we have also completed in-house metallurgical work on the material contained there," stated Mark A. Lopez, chief executive officer of Unico, Inc. "This material is expected to provide additional feed for the mill and processing facility, and we are pleased to have initiated screening plant operations."
As screening of the dump material has begun, the Deer Trail Mining Company is concurrently working to complete reconstruction of the mill and processing facility, so it can process the stockpiles of material and production of the concentrates to sell in fulfillment of the company's five-year purchase contract with PGM, LLC, a private subsidiary of Polymet Corporation.
"We hope that Unico shareholders will be encouraged by the progress being made at the Deer Trail Mine, especially as it relates to preparing for processing operation at the mill. The photographs we have added to our website again show tangible results from our efforts to establish revenue streams for the Deer Trail Mining Company, and we look forward to continued progress through the activities of all of our subsidiary mine properties," added Mr. Lopez.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at www.uncn.com/IR/mailinglist.asp.
About Unico, Inc.
Unico, Inc. (OTC BB:UNCN.OB - News) 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. For more information, please visit www.uncn.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.
Contact:
Contacts:
Gemini Financial Communications for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
www.uncn.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
www.otcfn.com/uncn
www.investorshub.com/boards/board.asp?board_id=177
