SOURCE: Unico, Inc.

November 09, 2006 09:05 ET

Unico, Inc. Announces Final Report on New Electrical Substation for the Deer Trail Mine

SAN DIEGO, CA -- (MARKET WIRE) -- November 9, 2006 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that electricity producer PacifiCorp (, has completed its study of the requirements for the mill and processing facility at the Deer Trail Mine in Marysvale, Utah and has approved a plan to supply the electricity to the facility.

PacifiCorp, which operates in the state of Utah as Rocky Mountain Power, conducted the feasibility study through an agreement with Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC. Rocky Mountain Power has determined that it can supply up to 2.5 megawatts of power, well beyond the estimated 1.5 megawatts needed to run the mill and processing facility. The excess power capacity would allow for future upgrades to the system to include power for mining at the Deer Trail property or other Unico claims in the area.

"The conclusions reached in this report are excellent news for Unico, as it will ensure that the Deer Trail mill and processing facility will have the power it needs to operate in the near term, and we expect that Deer Trail Mining Company, LLC will incur significantly reduced power costs as a result of the new substation," said Mark A. Lopez, chief executive officer of Unico, Inc. "Now that PacifiCorp, working in conjunction with BNA Consulting, which provides electrical consulting services to Deer Trail Mining Company, has completed its study, we anticipate that procurement and construction on the substation will proceed in a relatively short timeframe and be operational by the time the mill and processing facility is complete.

"Receiving a final report on the plan to supply electricity to the Deer Trail Mine is an important step, and we look forward to the construction of the new substation and completing the connections necessary to power the mill and processing facility," added Mr. Lopez.

Unico is engaged in reconstruction of the mill and processing facility to improve both efficiency and capacity in processing operations at the Deer Trail Mine. The design and completion of a new electrical substation at the Deer Trail Mine is expected to provide substantial cost savings, specifically as it relates to the operation of the mill and processing facility, as a result of lower energy costs and greater reliability.

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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 recently announced agreements to acquire over 70 additional mining claims. For more information, please visit

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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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