SOURCE: Unico, Inc.

August 30, 2006 09:28 ET

Unico, Inc. Receives Preliminary Assay Results From Diamond Core Samples From Drilling Program at Deer Trail Mine

SAN DIEGO, CA -- (MARKET WIRE) -- August 30, 2006 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced the receipt of the preliminary results from the assay of core samples taken from the underground diamond core drilling program conducted at the Deer Trail Mine in 2005. The assay work was undertaken by the ALS Chemex lab in North Vancouver, British Columbia.

"While this is just preliminary information from the assay of core samples taken from the Deer Trail Mine, the feedback we have received from the material assayed thus far is beyond encouraging and a very positive step toward a final certified geological report with analysis conducted by Behre Dolbear and Company, Inc.," stated Unico chief executive officer Mark A. Lopez.

To date, three shipments of core samples have been sent to ALS Chemex. The first shipment included 139 samples split from 281 feet of core from hole UDDH #1. A second shipment consisted of 277 samples split from 538 feet of core from holes UDDH #5, #11, #12, #13 and additional increments of hole UDDH #1 deemed necessary from previous analysis. Due to highly encouraging data from the first 139 samples from hole UDDH #1, additional core from this hole were included in the second shipment sent to ALS for assay. The third shipment contained 36 samples split from 53 feet of core from hole UDDH #9.

The total core sent out for analysis to date consists of 452 samples split from 872 feet of core. So far holes identified as UDDH #1, #3, #5, #9, #11, #12, and #13 have been completely logged. Holes that remain for logging are identified as UDDH #2, #4, #6, #7, #8, and #10, totaling 3,360 feet of core. Total core logged to date consists of 3,875 feet out of 7,235 feet, representing 54% of the holes that have been completed and 54% of the total footage that have been completed.

Preliminary results reported that hole UDDH #1 intersected eight mineralized horizons with three having the potential to be very significant. The uncorrected widths range from the thinnest of 10.4 feet to the thickest of 32.4 feet. Currently assay intervals and their respective grades are being calculated for holes UDDH #1, #3, #5, #9, #11, #12, and #13.

"Based on the information gleaned from the analysis and assay of these core samples, we expect to expand our agreement with Behre Dolbear to include additional consulting parameters designed to further benefit this property. Unico management is focused on building the company into a long-term natural resource company, and these preliminary results, while extremely encouraging, are really just a starting point for establishing and drawing out the full potential of the Deer Trail Mine. We expect that the results we are receiving from ALS Chemex will assist in directing future anticipated exploration and drilling at the Deer Trail Mine, as well as comprehensive resource definition programs for this property," added Mr. Lopez.

The core samples are being assayed by a traditional fire assay for gold and silver, and samples with visible and non-visible sulfide mineralization being assayed by means of ICPAES (Induced Coupling Plasma Atomic Absorption Emission Spectrophotometry) known in the mining industry as ICP.

The core logging and splitting of the samples sent to ALS Chemex, as well as the bagging, tagging and all identification of areas of interest that were chosen for assay, was undertaken by consulting geologist Alex Scarbrough, who was assigned to the Unico project by Behre Dolbear and who continues to work on the core logging and splitting.

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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. For more information, please visit

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