Unico, Inc. Issues September 2008 Newsletter Reviewing Recent Activity at the Deer Trail Mine
Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today issued the September 2008 edition of the company’s investor newsletter, which provides a review of recent activities at the Deer Trail Mine in Marysvale, Utah.
A PDF version of the September 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 feature story in the newsletter reviews the company’s announcement of recent progress of underground rehabilitation work at the Deer Trail Mine in Marysvale, Utah. The Deer Trail Mine is operated by Unico’s wholly owned Deer Trail Mining Company subsidiary. The progress included rehabilitation work at the #1 tunnel, the #3 tunnel and PTH tunnel.
Additional newsletter articles highlight Unico’s receipt of an additional $300,000 in financing through the sale of two new convertible debentures to Moore Investment Holdings, LLC and a recently filed report concerning the purchased of an additional 134,150 shares of Unico common stock by Chairman Ray C. Brown.
“The September newsletter provides an overview of recent underground work and exploration at the Deer Trail Mine, which is an important element of management’s overall plan to develop the Deer Trail property,” stated Mark A. Lopez, chief executive officer of Unico, Inc. “We will continue to keep our shareholders updated on the progress of both the underground work and the progress of testing and processing operations at the Deer Trail mill facility.”
Unico is currently completing the testing phase of the completed floatation circuit at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. Material is being processed as part of the testing phase, and the company expects the next steps at the facility to include the production of concentrate.
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.
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.