SOURCE: Unico, Inc.

October 04, 2007 08:59 ET

Unico, Inc. Announces MSHA Notification and Renewal of Mine Rescue Coverage for Underground Activities at the Deer Trail Mine

SAN DIEGO, CA--(Marketwire - October 4, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that its wholly owned subsidiary Deer Trail Mining Company has submitted a correspondence notifying the U.S. Mine Safety and Health Administration (MSHA) that the company has contracted with Atlas Fausett Contracting, a division of Atlas Mining, for underground mine maintenance work including portal and stope rehabilitation at the Deer Trail Mine in Marysvale, Utah.

The notification to MSHA includes a description of the work that is being performed by Atlas Fausett Contracting, as well as geological sampling work undertaken by Deer Trail Mining Company under the direction of senior geologist, Dean Misantoni. The notification also informs MSHA that screening operations of previously mined stockpiles and/or tailings are being conducted at the Deer Trail Mine.

In addition to the MSHA notification, Deer Trail Mining Company has secured underground mine rescue coverage from Talon Resources, which has provide consulting and direct representation for the company to the state of Utah's Division of Oil, Gas and Mining (DOGM), as well as conducting certified training and safety compliance programs required by MSHA.

Talon Resources provides a wide variety of services to the mining industry including environmental assessments and permitting, construction inspection, surveying, engineering, instrument calibration, permit tracking, surveys for landfill and hazardous waste sites. They also provide mining and other subsurface location maps and global positioning system surveys.

Initially, the Deer Trail Mining Company hired Talon Resources to provide inspection of the underground mining activity in the PTH Tunnel and alternative miner rescue capabilities in connection with its mine rescue team. These activities were an integral part of the underground diamond core drilling program at the Deer Trail Mine in 2005.

"We are pleased to have submitted the required notification to MSHA related to the underground activities that have been initiated at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico, Inc. "The alternative mine rescue capabilities of Talon Resources also brings an additional level of safety to the rehabilitation and planned future underground mining activities at the Deer Trail Mine. Safety is critically important to our project in moving forward with our underground plans, and Talon Resources provides strong expertise and knowledge in this area."

Atlas Fausett Contracting, a division of Atlas Mining Company (www.atlasmining.com), is contracted to conduct initial underground maintenance work including the replacement of timber sets, clean up of the main haulage way and installation of ground support where needed. Atlas Fausett Contracting provides a variety of services, including site evaluation, feasibility studies, trouble-shooting and consultation prior to the undertaking of exploration and mine development. AFC projects include all types of underground mine development, rehabilitation and specialized civil construction.

During the week of September 24, 2007, Atlas began the mine maintenance work and reopening of the PTH Tunnel that is expected to pave the way for future underground mining activities at the Deer Trail Mine.

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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