Unico, Inc. Announces New Photo Gallery Showing Delivery of Final Components for New Substation at the Deer Trail Mine
Posted on: Tuesday, 31 July 2007, 12:03 CDT
Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced the addition of a new photo gallery showing the delivery of the final components for the new substation at the Deer Trail Mine in Marysvale, Utah. The photo gallery can be viewed in the Media section of the Unico website at http://www.unicomining.com./news/othermedia.php.
In the new photo gallery, there are several pictures of the delivery of components for the Deer Trail substation including the metering cabinet, main switchgear, cross arms and support poles. The gallery shows excavation of a trench that will carry 12,470 volts to the secondary substation located at the mill. There are also photographs showing the last three concrete slabs for the substation being poured to prepare for the installation of substation components. These three slabs will hold the metering cabinet, switchgear and small electrical transformer for area lighting.
"We are pleased to show the delivery of the final major components for the new electrical substation at the Deer Trail Mine in the new photo gallery posted on our website," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We will continue to provide regular updates for our shareholders on the progress at the Deer Trail Mine, including the addition of new photo galleries to the Unico website showing the final steps in completing the connection to the new substation that will supply power to the site."
The new substation will supply power to the Deer Trail Mine property, including the 1.5 megawatts of power required to operate the mill and processing facility and an additional 1 megawatt of excess power capacity available for future upgrades to the system, including power for mining activities at the Deer Trail property and other Unico claims in the area.
The primary voltage of the main transformer at the new substation is 46,000 volts and 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.
A crew from Cache Valley Electrical (http://www.cve.com/), one of the largest electrical contractors in the western United States that has been contracted to assist with the construction of the new substation, is on site to begin the final installation of the recently delivered components.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries 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: 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. 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.
Contacts: Gemini Financial Communications, Inc. A. Beyer 951-677-8073 Email Contact OTC Financial Network Rick McCaffrey 781-444-6100, x625 Email Contactwww.otcfn.com/ucoi
SOURCE: Unico, Inc.
Source: MARKET WIRE
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