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Unico, Inc.: Unico, Inc. Announces Management Visit to Royal Mines And Minerals Facility to Monitor Progress of Gold and Silver


Published on 2009-09-23 06:42:10 - Market Wire
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SAN DIEGO, CA--(Marketwire - September 23, 2009) - Unico, Incorporated (OTCBB: [ UNCO ]), a natural resource company in the precious metals mining sector, today announced that Charles Madsen, executive vice president for operations for Unico, Inc. and general manager of the company's wholly owned Deer Trail Mining Company subsidiary, has completed a visit to the Phoenix, Arizona processing facility of Royal Mines And Minerals Corporation where concentrate from the Deer Trail Mine in Marysvale, Utah is being processed to recover gold and silver.

During his visit, Mr. Madsen observed ongoing improvements to the process to extract gold and silver from concentrates produced at the Deer Trail Mine. The goal of the improvements is to accommodate a higher volume of ore coming from the Deer Trail Mine and to maintain the consistency of the flow in the process.

Unico, Inc. recently announced an initial agreement with Royal Mines And Minerals Corporation, which utilizes a proprietary technology for the lixiviation of precious metals, to process ore from the Deer Trail Mine. Concentrate and concentrate samples produced at the Deer Trail mill facility has been shipped to Royal Mines' Phoenix facility for the processing of gold and silver content.

The testing of samples and shipments of concentrate for processing is part of Unico's pursuit of 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 an account of his visit submitted to Unico management, Mr. Madsen reported that Royal Mines And Minerals Corporation has purchased a larger electrowinning circuit, which was recently delivered to the plant in Phoenix. Mr. Madsen toured the facility and witnessed the installation of the circuit including necessary electrical and plumbing work.

Mr. Madsen commented, "We are pleased with the progress that I observed at Royal Mines' facility and feel that the upgrades to their facility will ultimately lower the overall processing charges and provide them with better consistency. Because we expect to be shipping larger amounts to the facility in the future, we are particularly focused on expandability so that the larger shipments can be accommodated and processed in a shorter timeframe."

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. Unico and its wholly owned Deer Trail Mining Company subsidiary completed the purchase of the Deer Trail Mine in 2007, and Unico has also announced agreements to acquire over 70 additional mining claims in the area of the Deer Trail Mine including the Clyde and Crown Point mining claims. 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.

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