Unico, Inc. Announces Further Progress Of Reconstruction Work In Completion Phase Of The Mill, Processing Facility

Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced further progress of reconstruction work in the completion phase of the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. There has been additional recent progress in the main mill building, the new building that will house the filtration and thickener, and the conveyor structure outside the two major mill buildings. A new photo gallery showing the reconstruction progress is expected to be posted to the company’s website, www.unicomining.com, in the next several days.

The Deer Trail Mine is operated by Unico, Inc.’s wholly owned subsidiary, Deer Trail Mining Company, Inc.

The concrete floor in the new mill building has been completed with the final three concrete sections poured. Also in the new building, the mezzanine support structure has been installed with temporary legs. The lighting and electrical circuit panels have been delivered for the new mill building and installation is underway. The core for the Eimco filter has been hoisted into place and cross-braces for the legs have been installed.

The angle iron rings for the thickener have been purchased, fabricated to the proper arc, and are ready for delivery. Steel plating for the walls of the thickener will be delivered and installed.

In the main mill building, installation of the electric cables has begun in anticipation of connecting to the new electrical substation, which is being constructed to power the mill and other mining activities at the Deer Trail Mine. The motor control panel that powers the flotation cells and pumps has been installed and the first conduit runs have been made.

Mill pumps have been acquired in preparation for reconditioning and installation in the main mill building. The pump stands are presently being fabricated.

The ladders to the upper deck of the fine ore bin have been installed and the lumber and insulation for the structured enclosure on the upper deck have been ordered. Work has also begun on assembling the 120-ft peerless stacking conveyor and final supports for the long feed conveyor to the fine ore bin have been installed. The support foundation for the catwalk between the old and new mill buildings has been poured.

Mark A. Lopez, chief executive officer of Unico, Inc., commented, “We have been very fortunate that the weather has been cooperative for the last couple of weeks and has allowed for significant progress in the reconstruction efforts at the Deer Trail Mine. The reconstruction has progressed in virtually every area of the facility, including both the main mill building and the new building as well as outside where the conveyor leading to the fine ore bin is located. There are several additional installations and connections that we anticipate for the upcoming days, including tangible progress on construction of the new electrical substation for the Deer Trail Mine, and we will continue to update shareholders on our progress through the completion phase of this project.”