SOURCE: Unico, Inc.

October 22, 2007 09:09 ET

Unico, Inc. Announces Additional Reconstruction Work at the Mill and Processing Facility at the Deer Trail Mine Including Relocation of Laboratory Buildings

SAN DIEGO, CA--(Marketwire - October 22, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced additional progress of reconstruction work at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah, including completion of the relocation of the onsite laboratory and reconnection of power to the laboratory buildings.

A new photo gallery showing the reconstruction work is expected to be added to the Media section Unico website, http://www.unicomining.com, in the next several days.

The onsite laboratory buildings were moved from the mine site to the area of the mill buildings to help increase the efficiency of the mill operations and improve logistics at the site. Concrete walkways and stairways were poured to connect the laboratory to the main mill buildings. Power was reconnected to the relocated laboratory buildings and work in the buildings has resumed.

The DC motors and DC speed controllers, which operate the belts that feed the ore into the mill, have been installed and the belts have been tested. The frequency drives, which run the transfer belts that feed the fine ore bins, have been installed and tested.

The ball mill feed belts have been powered up, and the feed belt scale is being calibrated. The ball mill gear lubricating system, manufactured by Farval Lubrication Systems (http://www.farval.com/), is expected to come online this week.

The reconstruction of the mill and processing facility is being undertaken so that Unico's wholly owned mining subsidiary, Deer Trail Mining Company, Inc. can begin processing operations at the site. Above-ground stockpiles of material at the site is the immediate target of processing operations as additional future planned mining operations at the Deer Trail Mine are strategized.

"By relocating the onsite laboratory to the area of the mill buildings at the Deer Trail Mine, we expect to improve the logistics at the site, including the lab work and testing of feed material for the mill and processing facility currently being conducted under the supervision of our senior metallurgist, Edgar Blanco," stated Mark A. Lopez, chief executive officer of Unico. "We are pleased that the laboratory relocation is complete and that power has been reestablished to the buildings. We look forward to completion of the remaining reconstruction work at the site so that processing operations can be initiated at the mill and processing facility."

Unico recently completed the purchase of the Deer Trail Mine for its Deer Trail Mining Company subsidiary.

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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. Recently, 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.

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