SOURCE: Unico, Inc.

September 06, 2007 09:05 ET

Unico, Inc. Announces Completion of Connection to New Electrical Substation at the Deer Trail Mine

SAN DIEGO, CA--(Marketwire - September 6, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced the completion of the electrical connection to the new substation at the Deer Trail Mine that will supply power to the site. A crew from PacifiCorp, the electrical utility that operates in Utah as Rocky Mountain Power, has completed the interconnection between the existing Rocky Mountain Power substation and the new Deer Trail Mine substation.

A new photo gallery showing the work to complete the interconnection to the new substation is expected to be added to the Media section of the Unico website,, in the next several days.

The new substation, which was completed with the assistance of electrical contractor Cache Valley Electric, one of the largest electrical contractors in the western United States, will supply the 1.5 megawatts of power required to operate the mill and processing facility at the Deer Trail Mine. An additional 1 megawatt of excess power capacity is available for future upgrades to the system, including power for mining activities at the Deer Trail property and other Unico claims in the area.

The interconnection was completed over a two-day period. On the first day, power to the Rocky Mountain Power substation was terminated so that the necessary maintenance and preparation work could be completed ahead of the interconnection between the two substations. The next day, power to the site was again shut off and the interconnection was completed.

In addition to the interconnection, the power meter has been installed at the new substation. Unico's wholly owned subsidiary, Deer Trail Mining Company now has the ability to bring the substation online by energizing the main transformer at the site.

"The completion of the interconnection to bring power to the new electrical substation at the Deer Trail Mine is a significant milestone for our project," stated Mark A. Lopez, chief executive officer of Unico. "We now have the ability to access an abundant supply of cost-effective electricity to power the mill and processing facility, as well as providing for excess power capacity to allow for future upgrades and additional operations at the Deer Trail Mine.

"We would like to remind shareholders that one of the primary reasons for the construction of a new electrical substation at the Deer Trail Mine was so that the company would incur significantly reduced power costs. As we prepare for the initiation of processing operations at the mill facility, having lower energy costs through the use of our new substation is expected to have a positive impact on the overall costs incurred by the mill operations," added Mr. Lopez.

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 and fill in the appropriate fields.

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

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.

Contact Information