SOURCE: Unico, Inc.

October 01, 2007 09:27 ET

Unico, Inc. Announces the Progress of Work by Atlas Fausett Contracting to Rehabilitate the Deer Trail Mine Including the Reopening of the PTH Tunnel for Underground Mining Activities

SAN DIEGO, CA--(Marketwire - October 1, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that Atlas Fausett Contracting, with which the company's wholly owned Deer Trail Mining Company subsidiary has contracted for underground mine maintenance work including portal and stope rehabilitation at the Deer Trail Mine in Marysvale, Utah, has arrived onsite and initiated its work.

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

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. Equipment was brought in to rehabilitate the portal including three Gardner-Denver Jackleg drills, ore slushier and bucket. Several stacks of mine timber that will be used to shore up the main haulage tunnel have also arrived on site.

Currently, Atlas personnel are onsite and have initially repaired the first 20 feet of timber where the PTH Tunnel starts underground. This involved removing the overburden on the hillside for approximately 20 feet into the mine, followed by removing the rotten timber that were installed to collar the tunnel several decades ago.

Atlas' work is expected to bring the 3400 East stope in compliance with MSHA standards. The 3400 East area was previously mined for silver, gold, lead and zinc. The development waste generated from the rehabilitation of the 3400 East stope is expected to provide immediate feed for the mill and processing facility at the Deer Trail Mine, in addition to the material from upper dump area, which has been screened and is prepared for processing.

"We are pleased at how quickly Atlas was able to arrive at the Deer Trail Mine and begin their work to reopen the PTH Tunnel and conduct underground maintenance," stated Mark A. Lopez, chief executive officer of Unico. "I was able to see the progress of this work firsthand on a visit to the Deer Trail Mine last week and was impressed with the quality of work that the Atlas crew has exhibited. We look forward to continued progress at the Deer Trail Mine and a successful ongoing relationship with Atlas Mining."

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

Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries 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 Atlas Mining Company

Atlas Mining Company is a diversified natural resource company with a focus on the development of the Dragon Mine halloysite clay deposit in Juab County, Utah. Atlas also operates the Atlas Fausett Contracting Division, an underground mining and drilling contracting business. Atlas stock trades on the OTC Bulletin Board under the symbol "ALMI." More information about Atlas Mining Company can be found at http://www.atlasmining.com.

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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