SOURCE: Unico, Inc.

November 12, 2007 09:18 ET

Unico, Inc. Reports on Additional Work Completed by Atlas Fausett Contracting to Rehabilitate the Deer Trail Mine for Underground Mining Activities

SAN DIEGO, CA--(Marketwire - November 12, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today reported additional progress of work by Atlas Fausett Contracting, with which the company's wholly owned Deer Trail Mining Company subsidiary has contracted for underground mine maintenance work including portal and stope rehabilitation at the Deer Trail Mine in Marysvale, Utah.

A new photo gallery showing the recent progress of work conducted by Atlas Fausett Contracting is expected to be added to the Media section of the Unico website, http://www.unicomining.com, in the next several days.

Atlas Fausett Contracting, a division of Atlas Mining Company (www.atlasmining.com), is contracted to conduct initial underground maintenance work including the replacement of timber sets, clean up of the main haulage way and installation of ground support where needed. Atlas Fausett Contracting 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.

During the week of September 24, 2007, Atlas Fausett Contracting initiated the mine maintenance work and reopening of the PTH Tunnel that is expected to pave the way for future underground mining activities at the Deer Trail Mine. Since then, Atlas has removed over three hundred feet of old timber that was being used for ground support within the first 2400 feet of the Deer Trail PTH Tunnel. The support timber was replaced to ensure structural integrity for underground mining activities at the mine.

The mine timbers that have been removed have been replaced with forty-six sets of timber that were placed on six-foot centers. In conjunction with the timbering work, Atlas has installed over 105 Jenmar rock bolts and 47 nine foot steel support mats. An additional 200 rock bolts are expected to be installed and 4 sets of timber replaced. Once this work is complete, rehabilitation work on the 3400 East stope can begin.

Engineering work is planned for the rehabilitation of the 6600 raise, which will be used to interlock the main PTH Tunnel with the upper Deer Trail #3 haulage tunnel. This will allow the company to gain access to the 8600 workings in the PTH Tunnel by providing a second escape route to the surface as required by the Mine Safety and Health (MSHA). The 8600 area was the last location to be mined which included shipments to outside mills during the period of 1970 through 1983.

Atlas' work is expected to bring the 3400 East stope in compliance with MSHA standards. The 3400 East area was previously mined for silver, gold, lead and zinc. The development waste generated from the rehabilitation of the 3400 East stope is expected to provide immediate feed for the mill and processing facility at the Deer Trail Mine, in addition to the material from the upper dump area, which has been screened and is prepared for processing.

"We are pleased to report on the continued progress of underground rehabilitation and maintenance work at the Deer Trail Mine by Atlas Mining. These are important steps in preparing for potential future underground mining activities at the site. The company is excited about the completion of this work and the progress being made toward the next step, which will be executing its future underground mining plan," stated Mark A. Lopez, chief executive officer of Unico, Inc.

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 newsletters are issued and 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 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 Fausett Contracting Division, an underground mining and drilling contracting business. More information about Atlas Mining Company can be found at http://www.atlasmining.com.

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 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.

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