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Unico, Inc.: Unico, Inc. Announces the Acquisition of Additional Equipment to Expedite Processing of Precious Metals Concentrat

^{Published on 2009-07-10 06:32:02, Last Modified on 2009-07-10 06:32:13 - Market Wire}
 

SAN DIEGO, CA--(Marketwire - July 10, 2009) - Unico, Incorporated (OTCBB: [ UNCO ]), a natural resource company in the precious metals mining sector, today announced the acquisition of equipment that will be added to the current flotation circuit of the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. The purpose of the additions is to expedite filtration of concentrate at the facility and produce a higher grade precious metals concentrate.

The equipment received from Royal Mines And Minerals included a 1-ton per hour ball mill that will be used in an additional regrinding circuit. The regrinding circuit will help to produce an easier mineral separation and ultimately a higher precious metal concentrate. This ball mill may also be used to process small allotments of higher gold grade material from the Upper Deer Trail Mine.

The Deer Trail facility also received a 30-inch by 12-foot Eimco Belt Extractor Filter, which will be used to expedite the filtration of the flotation concentrate. With the mill capable of producing close to 1 ton of concentrate per hour, the current filter at the facility was insufficient to handle the rate at which the concentrate is being produced. As a result concentrate had to be stored in tanks until it could be filtered. Also received were a Nash Vacuum Pump and two vacuum receivers, both for use with the Eimco Filter.

Unico, Inc. recently announced that it was pursuing alternative processing methods for the extraction of silver and gold from concentrate at the Deer Trail Mine. The purpose of this initiative is to develop the most economical process and achieve the highest recovery of precious metals possible from material produced at the site.

In furtherance of this strategy, Unico, Inc. has developed a relationship with Royal Mines And Minerals Corporation, which has developed certain proprietary technologies for the recovery of precious metals from concentrate. Unico, Inc. has shipped several samples of material, including large bulk samples of flotation concentrate produced at the Deer Trail mill facility, to Royal Mines' processing facility in Phoenix, Arizona, where Royal Mines' proprietary technology for the lixiviation of precious metals were tested on the Deer Trail samples.

Due to positive results, Unico and Royal Mines are pursuing opportunities to work together for the mutual benefit of the two companies. This may include additional shipments of material from the Deer Trail site to Royal Mines' Phoenix processing facility.

"The acquisition of this equipment from Royal Mines And Minerals Corporation is another very positive step in the bourgeoning relationship between our two companies," stated Mark A. Lopez, chief executive officer of Unico, Inc. "There is a clear benefit to having the ability to process material at a faster rate as well as to produce a higher grade of precious metals concentrate. We expect there to be additional progress related to our Deer Trail Mine project in the near term, and we look forward to announcing those events as they occur."

Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when newsletters 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: [ UNCO ]) 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 two mine properties: the Deer Trail Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims including the Clyde and Crown Point 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.