SAN DIEGO, CA -- 12/06/07 --
Unico, Incorporated (OTCBB: UCOI), a natural
resource company in the precious metals mining sector, today announced the
addition of a new photo gallery and video clips on the company's corporate
website,
www.unicomining.com, showing the progress of equipment-startup
testing at the mill and processing facility at the Deer Trail Mine in
Marysvale, Utah.
The new photo gallery and video clips showing the equipment-startup testing
has been added to the "Media" section of the Unico website at
www.unicomining.com./news/othermedia.php.
The new photo gallery and two of the video clips show testing of the feed
conveyor belts that transport ore to the fine ore storage silos. During
the testing, a 30-ton lot was placed in the feed hopper and successfully
sent up the feed belts. All belts have been correctly timed to work in
conjunction with each other to help prevent overfeeding of the next belt in
line. The transfer belt used to feed ore between both silos was tested,
and a number of minor necessary adjustments are currently being made to
ensure efficiency.
The newly purchased motor and variable frequency drive (VFD) has been
installed, and Energy Management Corporation (http://www.emcsolutions.com/)
of Salt Lake City arrived onsite to inspect the installation and commission
the startup. The VFD perimeters were programmed to allow the speed of the
mill to be both increased and decreased, and controls were put into place
to prevent the mill from being operated past its critical speed. The
display of the VFD at startup is shown in the new photo gallery.
Testing of the ball mill has resumed and minor adjustments have been made
to the pinion bearings by increasing the clearance between the bearing caps
and the pinion shaft. As a result of the adjustments, the temperature at
which the bearings operate was significantly reduced. A one-hour test run
was initiated and temperature readings of the reconditioned trunion
bearings and the pinion bearings were observed at one-minute intervals.
The outcome of the test run showed only a moderate increase in temperature
and concluded that the mill is safe to operate.
Two video clips added to the website show the operation of the ball mill
during the startup testing, and a photograph of the new 250-horsepower
motor is shown in the photo gallery.
The Gallagher pumps that will be used to move the process slurry between
the floatation rougher, scavenger and cleaner cells have been installed.
Testing of the pumps and piping is scheduled to begin shortly. The test
will be conducted with water to check for proper flow and integrity of the
pipes installed throughout the mill.
The construction of the addition to the onsite laboratory is in the final
stages with installation of the exterior siding and painting currently
underway. One section of the new photo gallery shows recent progress of
the laboratory expansion. Laboratory equipment is being moved into
permanent locations within the newly built space. The new laboratory
facility is expected to be fully operational within the next several days.
The laboratory expansion will allow a more streamlined process for
preparations of mill and mine assay samples. The additional space also
provides room to conduct larger bench-type flotation tests and room for
large pilot-type testing.
"The new photo gallery and video clips have been posted to the Unico
website so that shareholders are able to see firsthand the progress we have
been reporting in our recent news releases," commented Mark A. Lopez, chief
executive officer of Unico, Inc. "As we complete the equipment-startup
testing and bring the facility closer to operational status, we expect to
continue to add media to the website, particularly additional video clips
that can add a new perspective on how the facility operates."
In August 2007, Unico announced that it had completed the purchase of the
Deer Trail Mine for its Deer Trail Mining Company subsidiary.
Shareholders who would like to sign up to receive information by email
directly from Unico, Inc., including when newsletters are issued and 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. (OTCBB: 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. 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.
A. Beyer
951-677-8073
Email Contact
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
www.otcfn.com/ucoi
