UNICO INCORPORATED (AZ) (fka UNCO)

[DERBENSKI]

joanie

I think that it is important that you understand that there are two separate and distinct ore bodies. The upper Deer Trail, which was a true gold mine was mostly oxide ore. However by now you have read by Unico's own hand, that after they ran into the fault that cut off the ore, that they mined for another 20 years the original channel that was developed to exploit every last remaining minable ore including mining the pillars that supported the mine workings.

That left the second main ore-body which was exploited via the PTH tunnel known as the "New Deer Trail Mine" This ore-body has already been exploited for several thousand feet of workings.

Unico's job at this point is to determine if there is sufficient ore remaining of the secondary deposit or find a wholly new area to exploit on the property.

It looks as though to me that Unico has built a very fine processing facility, without first determining if there is a viable deposit to mine to support building a mill.

D Day is coming, and that day is when they finish the mill and everybody is going to be standing around with egg on their face with very limited material to process.

But never the less, "Jolly Good Show" Unico.

Derb