SOURCE: Unico, Inc.

December 15, 2008 10:17 ET

Unico, Inc. Issues December 2008 Newsletter With Updates on Recent Activities at the Deer Trail Mine Including Production of Concentrate

SAN DIEGO, CA--(Marketwire - December 15, 2008) - Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today issued the December 2008 edition of its investor newsletter reviewing recent updates on activities at the Deer Trail Mine, including the progress of underground rehabilitation work and operations at the Deer Trail mill and processing facility in Marysvale, Utah.

A PDF version of the December 2008 newsletter has been added to the company's website at http://www.unicomining.com./news/newsletters.php, and an email notification of the newsletter's release will be sent to subscribers to Unico's electronic mailing list.

The main newsletter article describes and contains pictures of recent activities at the Deer Trail mill and processing facility including the production of concentrate ready for shipment. Fine tuning of the mill has been completed and the company has produced two allotments of sulfide concentrate ready for shipment from the 3400 E ore body. The two 20-ton shipments have been placed into shipping bags and checked for moisture content.

Another article reviews the delivery and installation of a new crusher that is being used to crush ore at the Deer Trail site. A 500-ton allotment from the 3400 E ore body is being crushed and sampled on a timed-interval basis.

The newsletter also highlights the progress of additional underground rehabilitation work at the Deer Trail Mine. The work includes upgrades to the mine's electrical system, training of newly hired miners, the purchase and reconditioning of equipment, and additional geological work at the mine. Pictures of the underground rehabilitation progress that have been added to the company's website photo galleries are also included in the newsletter.

"The December newsletter is our last edition of 2008 and provides an accurate snapshot of the recent activities related to our Deer Trail project," commented Mark A. Lopez, chief executive officer of Unico, Inc. "We expect continued progress as we begin the new year and will report additional milestones to shareholders as they occur."

Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when newsletters are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.

About Unico, Inc.

Unico, Inc. (OTCBB: UNCO) 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 two mine properties: the Deer Trail Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims including the Clyde and Crown Point mining claims. In August 2007, 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 www.unicomining.com.

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

  • Contacts:
    Gemini Financial Communications, Inc.
    A. Beyer
    951-677-8073
    Email Contact