UNICO INCORPORATED (AZ) (fka UNCO)

[Cellme]

NEWS
Unico, Inc. Announces Additional Progress of Electrical Work and Reconstruction at the Mill and Processing Facility at the Deer Trail Mine
9:12a ET August 29, 2007 (Market Wire)
Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced additional progress of electrical and reconstruction work at the mill and processing facility at the Deer Trail Mine in Marysville, Utah. The electrical work has paved the way for the completion of the interconnection between the existing Rocky Mountain Power substation and the new substation at the Deer Trail Mine that will supply power to the site.

A new photo gallery showing the electrical and reconstruction work at the Deer Trail Mine is expected to be added to the Media section of the Unico website, http://www.unicomining.com, in the next several days.

Fencing for the new substation has been delivered to the site and installed. Two 10-foot gates have also been installed to allow access to the station. With all of the components for the substation installed, including the main transformer, metering cabinet, main switchgear, main fused switch, electrical lines and support poles, the substation is ready for the interconnection with the existing substation.

The new substation will supply the 1.5 megawatts of power required to operate the mill and processing facility at the Deer Trail Mine 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.

Concrete for the secondary substation pad has been poured, and the main components for the substation, including two smaller transformers, an electrical panel that will house the 800 amp disconnect switches, and one of the disconnect switches that will isolate power supplies to the two main mill buildings from each other, have been delivered to the site. The remaining components have been ordered and delivery is expected in the near future. Fencing and a gate for the secondary substation are onsite and will be installed after all of the components are installed on the pad.

The thickener in the new mill building, which will primarily be used to thicken tailings, has been successfully water tested and is ready for use.

Also in the new mill building, the vacuum pumps used for the Eimco filter have now been installed, as have the filter sectors and the filtrate tanks that will be used to collect the water that passes through the filter sectors from the mill tailings and floatation concentrate.

Mark A. Lopez, chief executive officer of Unico, commented, "We are pleased that the work on the main electrical substation that will supply abundant and cost-effective power to the Deer Trail Mine is complete and that we are now ready for the interconnection with the Rocky Mountain Power substation. The completion of the substation is a significant milestone, since it is expected to allow Deer Trail Mining Company to meet its near term power requirements as operations are initiated at the mill and processing facility and will also allow for potential future expansion of mining or processing operations at the site."