Unico, Inc.: Unico, Inc. Announces the Shipment of 21 Tons of Concentrate From the Deer Trail Mine to Royal Mines And Minerals
SAN DIEGO, CA--(Marketwire - July 16, 2009) - Unico, Incorporated (
The shipment of 21 individual bags of sulfide concentrate had an approximate total weight of 42,000 pounds, or 21 tons. The 21 tons of concentrate was produced from approximately 200 tons of material taken from the 3400 area of the Deer Trail Mine.
A new photo gallery showing the shipments leaving the Deer Trail Mine and arriving at the Royal Mines facility will be added to the Unico website, [ www.unicomining.com ], in the next several days.
Unico and its wholly owned Deer Trail Mining Company subsidiary had previously shipped several samples of material, including two large bulk samples, to Royal Mines' Phoenix, Arizona facility for sample testing. With this shipment of an additional 21 tons of material, the total amount of concentrate shipped to Royal Mines, including the samples for testing, is approximately 23 tons.
Unico is 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.
More information on Royal Mines proprietary technology for the lixiviation of precious metals can be found at its website, [ www.royalmmc.com ]. Royal Mines And Minerals Corporation is publicly traded under the symbol RYMM.
"We are pleased to announce the shipment of this concentrate to Royal Mines And Minerals for the processing of gold and silver," stated Mark A. Lopez, chief executive officer of Unico, Inc. "Given current metals pricing, precious metals are a significant focus of our efforts at this time, and the shipping of concentrate from the Deer Trail Mine for processing is another important step forward in the development of the Deer Trail project."
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About Unico, Inc.
Unico, Inc. (
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.