SOURCE: Unico, Inc.

January 22, 2007 08:48 ET

Unico, Inc. Announces Purchase of Main Transformer for Electrical Substation at the Deer Trail Mine

SAN DIEGO, CA -- (MARKET WIRE) -- January 22, 2007 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the company has purchased the main transformer for its new electrical substation at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.

The General Electric transformer was purchased from Denver Magnetic, Inc. and delivery is expected within the next three weeks. In the interim, the substation site will be prepared for the grounding circuits and concrete foundation.

The primary voltage of the transformer is 46,000 volts, which will be provided to the Deer Trail Mine from PacifiCorp, which operates in Utah as Rocky Mountain Power. The secondary voltage of 12,470/7,200 will be sent to the mill by direct burial cable. The 12,470 voltage will then be further reduced to the required 480 volts required to operate the mill. The availability of additional voltage allows for the planned future expansion at the site, including larger crushing equipment, an additional ball mill and power to operate mining activities as needed.

"We are pleased to have purchased the main transformer for our new substation, since this is a critical component of the facility," stated Mark A. Lopez, chief executive officer of Unico, Inc. "With reconstruction of the mill and processing facility at the Deer Trail Mine in the completion phase, we are also focused on having the power requirements for the site in place, so that processing operations can begin as soon as possible."

Unico's wholly owned subsidiary, Deer Trail Mining Company, Inc., has contracted with BNA Consulting, Inc. (www.bnaconsulting.com), a major provider of electrical consulting services in Utah and surrounding states for 35 years, for a broad range of engineering services related to the construction of the substation. BNA's procurement services include assisting in locating the best quality electrical equipment possible, including starters and other required electrical components. The design and completion of the new substation itself is expected to provide substantial cost savings as a result of lower energy costs and greater reliability, and the use of good quality equipment is expected to reduce equipment costs by approximately 40%.

BNA recently finished the new building lighting and basic electrical schematic and is currently completing the engineering work for the new substation. Installation of the necessary service panels and fixtures is expected to begin immediately. The electrical panels will be temporarily connected to a generator at the Deer Trail site to assist with ongoing construction until the substation is complete.

BNA has proposed locating the new substation within 600 feet of the Deer Trail mill, directly adjoining the Rocky Mountain Power substation. This location will reduce the cost of the overhead line drop and the number of poles required to transport the higher voltage of 46,000 volts to the newly acquired transformer.

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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 www.unicomining.com.

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