UNICO INCORPORATED (AZ) (fka UNCO)

[Stockminder]

Unico, Inc. Announces Approval of Amendment to Commence Large Scale
Mining Operations at the Deer Trail Mine
Issued Monday October 15, 9:05 am ET
SAN DIEGO, CA--(MARKET WIRE)--Oct. 15, 2007--Unico, Incorporated (OTC BB: UCOI), a
natural resource company in the precious metals mining sector, today announced that it has
received conditional approval of an additional amendment to its Large-Scale Mining Plan to
cover expansion of the mill and processing facility at the Deer Trail Mine in Marysville, Utah.
The State of Utah’s Division of Oil, Gas and Mining (DOGM) granted formal approval of
Unico’s amended Large-Scale Mining Plan for the Deer Trail Mine in April 2005. DOGM
completed a review of the amendment submitted by the company in February 2007 and updated
in September 2007.
Unico’s wholly owned subsidiary Deer Trail Mining Company, LLC has added new construction
elements to the existing site plan for the mill and processing facility at the Deer Trail Mine. As
part of its amendment to the Large-Scale Mining Plan in February 2007, Unico submitted to
DOGM additional blueprints of the site modifications and a reclamation surety bond estimate.
The amended Large-Scale Mining Plan allows Unico to expand the scope of its large mining
operation and execute its long-term plan at the Deer Trail Mine. Mining operations under the
plan may include activities conducted on the surface of the land for exploration, development or
extraction of a mineral deposit, including, but not limited to, surface mining and the surface
effects of underground mining, on-site transportation, concentrating, milling, evaporation and
other primary processing.
Recently, the company contracted with Atlas Fausett Contracting, a division of Atlas Mining
Company (www.atlasmining.com), for underground mine maintenance work including portal
and stope rehabilitation at the Deer Trail Mine. Atlas Fausett Contracting provides a variety of
services, including site evaluation, feasibility studies, trouble-shooting and consultation prior to
the undertaking of exploration and mine development. AFC projects include all types of
underground mine development, rehabilitation and specialized civil construction.
Atlas Fausett Contracting is currently conducting initial underground maintenance work
including the replacement of timber sets, clean up of the main haulage way and installation of
ground support where needed.
Concurrently, reconstruction of the mill and processing facility at the Deer Trail Mine has
continued. The new electrical substation will supply up to 2.5 megawatts of electricity to power
mining and processing activities at the site. With the main electrical substation, the secondary
substation and all major electrical connections completed, power is now available inside both
mill buildings at the site. The main substation supplies the 1.5 megawatts of power required to
operate the mill and processing facility and an additional megawatt of excess power capacity is
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 reconstruction of the mill and processing facility is being undertaken so that Unico’s wholly
owned mining subsidiary, Deer Trail Mining Company, Inc. can begin processing operations at
the site. Above-ground stockpiles of material at the site is the immediate target of processing
operations as additional future planned mining operations at the Deer Trail Mine are strategized.
Onsite metallurgical and geological work has also been initiated at the Deer Trail Mine.
“We will continue to comply with DOGM's requirements for permitting and posting of the
required reclamation surety as we prepare for processing operations at the mill and processing
facility and future underground mining activities at the Deer Trail Mine,” stated Mark A. Lopez,
chief executive officer of Unico. “As operations at the site are expanded, we expect there to be
additional amendments to the Large-Scale Mining Plan. We are very excited about the progress
made thus far and the future of our project at the Deer Trail Mine.”
Unico recently completed the purchase of the Deer Trail Mine for its Deer Trail Mining
Company subsidiary.
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.