SAN DIEGO, CA -- 05/09/08 --
Unico, Incorporated (OTCBB: UCOI), a natural
resource company in the precious metals mining sector, today issued the May
2008 edition of its investor newsletter, which highlights the completion
and testing of the floatation circuit at the mill and processing facility
at the Deer Trail Mine in Marysvale, Utah.
A PDF version of the May 2008 newsletter has been added to the company's
website at http://www.unicomining.com./news/newsletters.php, and an email
notification of the newsletter's release will be sent to subscribers to
Unico's electronic mailing list.
In mid-April, Unico announced that the reconstruction of the floatation
circuit had been completed and testing with screened material from the site
was underway. The company subsequently posted a new photo gallery showing
the testing of the floatation circuit on its website, www.unicomining.com.
Video clips of testing of the floatation circuit are expected to be added
to the "Multimedia" section of the website in the near future.
Pictures from the gallery, several of which are included in the newsletter,
show testing of the float cells monitored by Edgar Blanco, senior
metallurgist for Unico's wholly owned Deer Trail Mining Company subsidiary.
As testing proceeds, additional improvements and adjustments are being made
to the floatation circuit as needed.
Another article in the newsletter reviews the recent appointment of David
N. Lewis to serve as senior engineer and mine manager for the Deer trail
Mining Company. Mr. Lewis possesses a successful 30-year track record in
underground and open pit mining of copper, diamonds, gold, industrial
minerals, lead, platinum, silver, uranium and zinc. He has demonstrated a
proven ability to provide sound operations, project, and engineering
management in Canada and the United States, as well as developing countries
including Guyana, Kazakhstan, Kyrgyzstan, and Saudi Arabia.
The newsletter also includes a story regarding the receipt of an additional
$200,000 in financing, which is being utilized to fund activities at the
Deer Trail mill and processing facility, as well as additional underground
mine maintenance and rehabilitation work at the Deer Trail Mine. Unico has
received a total of $1,000,000 in financing since the beginning of the 2008
calendar year to help stimulate operations at the Deer Trail Mine.
"The events reported in the May 2008 newsletter, particularly the testing
of the floatation circuit at the Deer Trail mill and processing facility
with material from the site, represent a milestone for Unico as it supports
the activities of its wholly owned Deer Trail Mining Company subsidiary,"
commented Mark A. Lopez, chief executive officer of Unico, Inc. "We look
forward to even more progress in the coming months as the company seeks to
further refine the processing protocol and enhance operations at the mill
facility."
Shareholders who would like to sign up to receive information by email
directly from Unico, Inc., including when new photo galleries and video
clips 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. (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
