Unico, Inc. Announces Form 4 Filing on Purchase - of 20 Million Shares of Common Stock - by Chairman - Monday July 31, 10:17 am ET The purchase was made on July 28, 2006 - and brought the number of common shares that Mr. Brown owned to 60,000,000.
Subsequently, Mr. Brown gifted 10 million shares - of his purchase bringing his total ownership - to 50,000,000 shares.
"At a time when Unico continues to make progress - in developing revenue streams and establishing value - in its subsidiary mine properties - I am pleased to add to my common stock position - with this purchase," said Mr. Brown.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at www.uncn.com/IR/mailinglist.asp.
About Unico, Inc.
Unico, Inc. (OTC BB:UNCN.OB - News) 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 three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine.
For more information, please visit www.uncn.com.
Forward-Looking Statements
This news release may contain forward--- --- are included on certain forms the company files with the Securities and Exchange Commission.
Contact:
Contacts: Gemini Financial Communications for Unico, Inc. A. Beyer 951-587-8072 Email Contact http://www.uncn.com
Unico, Inc. Announces Form 4 Filing on Purchase - of 20 Million Shares of Common Stock - by Chairman - Monday July 31, 10:17 am ET The purchase was made on July 28, 2006 - and brought the number of common shares that Mr. Brown owned to 60,000,000.
Subsequently, Mr. Brown gifted 10 million shares - of his purchase bringing his total ownership - to 50,000,000 shares.
"At a time when Unico continues to make progress - in developing revenue streams and establishing value - in its subsidiary mine properties - I am pleased to add to my common stock position - with this purchase," said Mr. Brown.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at www.uncn.com/IR/mailinglist.asp.
About Unico, Inc.
Unico, Inc. (OTC BB:UNCN.OB - News) 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 three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine.
For more information, please visit www.uncn.com.
Forward-Looking Statements
This news release may contain forward--- --- are included on certain forms the company files with the Securities and Exchange Commission.
Contact:
Contacts: Gemini Financial Communications for Unico, Inc. A. Beyer 951-587-8072 Email Contact http://www.uncn.com
UCOI - the Gold Mining was once a booming - industry in Piute County -
Gold, Silver, and other valuable metals brought - prospectors and miners to the area from - the 1860s through the early 1900s -
Some of the mining camps like Bullion - Webster, and Alunite became large communities - in their heyday -
Between 1868 and 1959 Piute County produced - estim. approximately 240,000 ounces of Gold -
The Gold came mostly from the lode mines - in the Tushar Range in the western part - of the county -
Placer Gold was originally discovered in Piute County in Pine Gulch Creek south of Marysvale in 1868 -
but placer Gold has not been significant in Piute County -
Bullion City - was the first county seat of Piute Co. During its boom in the 1870s, some 2,000 people - virtually all miners, lived there, extracting and milling Gold and Silver -
Despite frequent hopes for a return mining boom - very little mining has taken place at Bullion for a century -
The exhibits of mining equipment and descriptions of remaining buildings marked along the unpaved road up to Bullion are exceptionally informative and entertaining -
Located in the Tushar Mountains - was once the queen of Utah Gold camps -
employing 300 miners around the turn of the century - flourished until its mines - closed in 1907 -
Its now a ghost town - The old Gold mines - along the 2.5 mile - "Canyon of Gold Driving" that starts at the Fishlake National Forest boundary in Bullion Canyon - west of Marysvale - at the trailhead - interprets 10 historic mining features - including old mill sites, mines - the foundation of a boarding house - remnants of an 1870s toll road - and an arrastra which may be - of Spanish origin.
The highlight is the Miner's Park - An easy quarter-mile trail - winds around interpretive displays - of authentic late 1800 and 1900 - mining equipment -
Other features include a mine portals - and shafts, a fully furnished cabin - and a blacksmiths shed -
Gold can still be found in the Marysvale area - If you go southwest of Marysvale - by 6 miles, in the Tushar Range - you will be in the Mount Baldy - (Ohio) District - This district produced estimated appr. 77,500 ounces of Gold - between 1868 and 1958 -
In Pine Gulch the bar and bench gravels contain placer Gold -
At the Ohio Camp - there were man area mines with Gold showings - with silver -
At the Mount Baldy camp - many area mines and claims - contain lode Gold -
The Deertrail Mine - was the principal producer - in the area -
in the northwest part of county, you will be in -
The Gold Mountain district - with some of the mines in adjoining - Sevier County -
This district had a total approx. production - of 159,000 ounces of lode Gold from 1889-1959 -
The Annie Laurie Mine - was the most productive in the district -
The Sevier Mine - was second most productive -
There are many mines in the district with Gold showings -
The old Gold miners - did everything in their power - to hide what they found - and keep the Gold & Silver treasures - as secret as possible - so new assessment - exploration and developments - are very well needed -
Unico, Inc. Announces Deer Trail Mining Company Agreement to Acquire 70 Additional Utah Mining Claims Covering 1,500 Acres -
Unico, Inc. Announces Deer Trail Mining Company Agreement to Acquire 70 Additional Utah Mining Claims Covering 1,500 Acres - Thursday September 21, 9:19 am ET SAN DIEGO, CA--(MARKET WIRE)--Sep 21, 2006 --
Unico, Incorporated - (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that wholly- owned subsidiary Deer Trail Mining Company, Inc. has signed an agreement to acquire 70 additional mining claims covering 1,500 acres in Piute County Utah for the purpose of conducting exploration, evaluation, and mining activities, including pre-production feasibility studies and underground mining of the present workings.
The mining claims acquired include the following: Golden Chalice, Silver Chalice, New Oraverde, Turquoise, La Phill, J & N, Gold King, T, Blackspot, T & S, Comeback and Johnson - old mining properties -
One area of 50 claims is located south of the Deer Trail Mine, and another area of 20 claims is located on the south-facing slope of Beaver Creek Canyon northwest of the Deer Trail property.
These claims are all located on United States Department of Agriculture (USDA) Forest Service and/or Bureau of Land Management (BLM) administered land.
Unico issued the following information on the claims:
Geological Area:
The claims cover approximately 1,500 acres along a prevailing northwest to southeast structural and seritically altered trend. This trend includes the Annie Laurie/Sevier Mines to the north and the Deer Trail, Bully Boy, Clyde, Wedge, and Gold Hill Mines - in the central and southern extensions.
The area is covered by Bullion Canyon Volcanics that have been fractured and filled with quartz-carbonate veins, vein quartz and adularia with minor amounts of iron and copper staining.
Some areas are highly fractured forming zones of quartz stock work veins.
History / Past Production:
The area bears many similarities to the Gold Mountain area or Annie Laurie Mine mineralization, which produced over 140,000 ounces of gold from quartz-carbonate, quartz and quartz adularia veins.
The origin of these veins is derived from ascending hot water springs associated with underlying intrusive masses.
The southern claims were drilled in the 1980s with a series of shallow holes by American Nickel to test the extent of several northwest striking mineralized structures at the contact of the Bullion Canyon Volcanics and the Tushar Fault.
The reverse circulation drilling of 24 holes clearly established that quartz veins were highly anomalous in Gold -
The underlying sediments have not been tested which could contain deposits similar to the Deer Trail deposit at depth and of the Annie Laurie nearer the surface.
On the Golden Chalice claims, the workings include, but are not restricted to, a tunnel and shaft and large pit showing high-grade silver values, as well as many pits and exposures of other gold and silver prospects with some samples measuring in the hundreds of ounces per ton in silver and several ounces per ton in gold.
High-grade gold showings also are known to exist on the Turquoise claims, originally named for a widespread copper-stained area in a large porphyry stock.
The north block of claims prospects yielding samples containing as high as 80 to 90 ounces per ton in silver and several ounces in gold have recently been discovered but have not been assessed in detail.
Several of the claims have been noted to host significant bodies of fluorite with erratic gold and silver values, plus very significant uranium.
Western Nuclear conducted appreciable exploration on these claims in the 1960s but allowed the claims to lapse when the price of uranium collapsed.
Under terms of the agreement with the leaseholders, Deer Trail Mining Company will hold the leased premises for the purpose of exploring, evaluating and mining all kinds of minerals and ores for a period of approximately three years from the September 20, 2006 effective date of the lease agreement.
The Deer Trail Mining Company has the right to extend the term of the agreement for up to fifty consecutive additional one year periods by giving the lease holder written notice of the Deer Trail Mining Company's election to extend on or before August 1st of each year.
Deer Trail Mining Company is granted the right to purchase all interests of the mining claims during the first five years for a total purchase price of $350,000.
Deer Trail Mining Company may also exercise the option to purchase at any time thereafter during any extension period. After the fifth year, the purchase price will be increased by $50,000 per year for each year thereafter.
The Deer Trail Mining Company has paid seven thousand dollars to the lessor to execute the agreement, which constitutes the rental payment for the first year and has agreed to pay additional payments of $7,000 each year on the anniversary date of the agreement.
If the Deer Trail elects to extend its agreement for additional terms, the rental payment will increase to $10,000 for the fourth and fifth years.
For each extension beyond the fifth year, the annual payment shall increase by 10% per year over the amount of the prior year's payment.
In consideration for the rights given under the agreement, the Deer Trail Mining Company agreed to pay the lease holder an amount equal to three percent of the gross sales proceeds from all ore, concentrates, and all other productions of mineral resources extracted from the mining claims.
"We are pleased to add these 70 additional mining claims to our subsidiary mining operations in Utah, which are clearly in an area with significant potential from both a historical and geological perspective," stated Mark A. Lopez, chief executive officer of Unico, Inc. "As with the two previous claims we agreed to acquire in recent weeks, the proximity of these claims to the Deer Trail property expands the company's presence in the area and allows us to utilize our resources at multiple claims without significant logistical difficulties.
Unico plans to operate in this area over a long period and the upcoming completion of construction at the mill and processing facility located at the Deer Trail Mine will further solidify our position."
"Unico will continue to target additional favorable acquisition opportunities as they present themselves, with the goal of building the company into a major natural resource and mining operation," added Mr. Lopez.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at - http://www.unicomining.com/IR/mailinglist.php.
About Unico, Inc.
Unico, Inc. (OTC BB:UCOI.OB - News), 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 three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. For more information, please visit http://www.unicomining.com.
Forward-Looking Statements
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---- which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Contact:
Contacts: Gemini Financial Communications for Unico, Inc. A. Beyer 951-587-8072 Email Contact http://www.unicomining.com
SILVER used to be worth - more than GOLD - history often repeat itself -
Do not let any volatility shake You out - the more volatility the higher it will go -
the new trend waves will often be - Fibonacci - 162% of the previous correction -
when the anti-US hands exhaust themselves - we'll see the next waves up -
In a very real sence, games can go on for ST - The question here is; Can the circus thru "fiat paper wealth" go on a bit more? -
History has shown that they end suddenly! - with great puzzlement as to the loss of all importance - without wealth the end result -
Silver will always be part of "The Real Gold & Silver Money" - Some defend a fraud system with that, "its far too small a market for large, modern economies" -
Well, its only to put a higher fair value on the Silver money - it used to be worth $800/oz 500 years ago -
SILVER Chart TA LT - Strong Bullrun Long Overdue -
take the inflasion into the picture and Silver maybe worth - a fair market value $80,000/oz sooner or later? -
Silver will do far better than any fiat fraud paper asset - it will serve better as a "personal holding" and as the major Real Money when its valued to its fair market value -
If it is of your way to balance wealth, then Silver will show the LT Real value -
Metals have not shown their true worth for many years as the world has done very well with manipulations of fiat fraud paper money -
But, all things do change! -
As it is our time and place to live this change - our thoughts must view the future as it must be! -
Who can know the minds of men and countries - as the 666 fiat paper burns? -
In our present system - all fiat currencies are backed by the US$ -
as long as the US$ is on an "oil standard" of backing - no other country can change -
the BIS would destroy their economy in a second of storm -
Many think that a country may sell or cut it's CB/US debt backing at will! -
They cannot? - they will not! - Oil will not accept another system? - as long as the Oil/Gold bond works? -
the world currency system is somewhat in a counterfeited owg order? -
If a crisis erupts and Gold breaks the bond with oil - then a change must take place! -
We will no doubt see a mass run of CBs into Gold - at ANY price! - this we know! - as for now - each person must protect your worth -
as the nation/state is locked from change? - You still may have a little bit of some time -
The nss illegal short selling of UCOI is creating very good buy opportunities -
still the nss naked short sellers are all criminals - following link give some suggestions what you can do to help get the criminals arrested -
Unless the United States gets all of its economic house in order ? -
Gold will become the basic real money again - (which Gold has been for 1000's of years) and national currencies will only be money - if backed by - Gold.
RE: Add a billion dollars or two for in ground asset - plus the unknown value in the newly acquired claims - deduct accumulated losses add tax relief - on those losses, it seems that Unico's market cap - could grow significantly over the next two years -
makes a good short prime fair UCOI summary - Well, UCOI has some of the richest old Gold Mines - in country - history often repeat itself -
Ex. It has been reported that the grade of Gold - processed from the mine ranged from 2 ounces up - to as high as 7 ounces per ton -
Gold today at $563 an ounce - Ex. POG about 28 times $20 in 1911 - - in todays values the Gold ore in 1911 hauled from - The Deer Trail Mine - would be more than $450 million.
Gold was discovered at - The Deer Trail Mine - Est. 1870 - During its mining production history - approximately 200,000 ounces of Gold has been recorded - ranging from Au 2 to 7 oz./ton - and Ag 1.5 million ounces of Silver -
The Silver Bell's high-grade Silver Mine - was hampered historically by its high elevation.
Recent exploratory work has uncovered Silver-bearing ore - assaying as high as 120 oz/ton -
Every face in the underground mine has mineable ore -
The ore resource is estimated to contain over 450,000 tons - based on strike and dip projections - confirmed by two independent engineering firms -
The Silver Bell Mine produced over 100 tons of 100 plus OPT Silver Ore. -
The Bromide Basin Gold Mines - are located 30 miles south of Hanksville, Utah - in the Henry Mountains -
The Bromide vein was discovered in 1889 or 1890 - and produced about 7,500 ounces of Gold in 1892 -
Breccia pipes assay as high as 26 oz/ton - and average 7 oz/ton -
Estimated new ore-resource*: 372,000 oz. Gold -
Bromide Basin is the location for at least four Gold mines, Kimble and Turner, Crescent Creek, Henrietta, and the Bromide Gold Mines.
RE: I wonder how far the nss gangsters will go? -
well, if it had been in the old days they would get a rope in nearest tree - they are 100% worse than the horse thieves - is it a reason to demand less sentence today? -
the UCOI share price should have been in dollars - without the nss and a class action lawsuit on all Shareholders behalf should demand - about $100 million for recovery of lose - in UCOI share price! -
and for the servere fraud to holding the price down by illegal nss manipulations - to the share price etc. - by the nss gangsters banks who sold share - they don't own nss! - the banksters robbery should give them fines - and jail times 100 years! -
I trust the Gov. will make Justice - on behalf of all Shareholders in the long term -