SOURCE: Unico, Inc.

September 24, 2007 09:02 ET

Unico, Inc. Announces Contract With Atlas Mining Company to Rehabilitate the Deer Trail Mine and Reopen the PTH Tunnel for Underground Mining Activities

SAN DIEGO, CA--(Marketwire - September 24, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that its wholly owned Deer Trail Mining Company subsidiary has contracted with Atlas Fausett Contracting, a division of Atlas Mining Company, for underground mine maintenance work including portal and stope rehabilitation at the Deer Trail Mine in Marysvale, Utah. The maintenance work and reopening of the PTH Tunnel is expected to pave the way for future underground mining activities at the Deer Trail Mine.

Under terms of the agreement, the initial underground maintenance work is anticipated to include replacing timber sets where needed, clean up of the main haulage way and installation of ground support where needed.

Atlas Fausett Contracting (AFC) 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.

The PTH Tunnel at the Deer Trail Mine penetrates more than 10,000 feet, with a developed network of tunnels, shafts, stopes, and raises at the 3,400-foot-area and at the 8,000-foot-area, and was mined by prior owners for gold and silver.

"We are pleased to have entered into this agreement with Atlas Fausett Contracting to reopen the PTH Tunnel and conduct the necessary underground maintenance work at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico. "As we move forward in the development of the Deer Trail project, the work that will be conducted by Atlas Fausett Contracting is an important aspect of the preparations now being made for potential future underground mining activities at the site."

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

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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 Faucett 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

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

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