Unico, Incorporated - (OTCBB: UCOI) - a natural resource company in the precious metals mining sector, today announced a modified and expanded agreement with Behre Dolbear and Company (USA), Inc. for geological services at Unico's Deer Trail Mine in Marysvale, Utah -
Behre Dolbear -
a preeminent mining industry - consultancy firm, has been providing geological services at the Deer Trail Mines - under an agreement originally reached in March 2006 - The initial focus of - Behre Dolbear's - work has been related to material from the underground diamond core drilling program undertaken at - The Deer Trail Mines - in 2005.
Behre Dolbear - is performing the geological core logging and spitting verification on core samples before they are sent to ALS Chemex for analysis.
Behre Dolbear - is also reporting on the mineralization - and providing additional technical advice on the project as desired by Unico's wholly owned subsidiary - Deer Trail Mining Company, LLC -
The new agreement adds several new areas - that will fall under - Behre Dolbear's - scope of services on - The Deer Trail Mines project -
Included in the revisions are:
-- Given assistance from Deer Trail personnel, Behre Dolbear - will assemble all the available data relating to the locations, volumes, and grades of the tailings that Deer Trail intends to process through the Project's mill.
-- Based on the information available, Behre Dolbear - will estimate the volumes, tonnages, and grades of those tailings and will, if needed, recommend a drilling program to better define those tonnages and grades.
-- Behre Dolbear - will summarize the results of the drill core logging completed to date and correlate those results with pertinent assays of material from those holes to determine the factors from the logging that relate to and facilitate the location of significant mineralization -
-- With Deer Trail's assistance - Behre Dolbear - will assemble all the available data (mineralization, rock types, structure, alteration, etc.) from past drilling and mining, focusing on the 3100-3400 zone in the PTH adit, i.e., the Proctor Stope and Proctor Stope Extension, which is the zone most easily accessible for near-term mining.
-- Behre Dolbear - will correlate data from the extant logging effort and assays with the data from past drilling and mining to locate and model, to the extent possible, potentially mineable mineralization in the 3100-3400 zone -
-- Behre Dolbear - will determine if logging of the holes not yet logged in the 4400 zone of the PTH adit is warranted - based upon the logging to date of holes in that zone and any available data from past drilling and mining -
-- Behre Dolbear - will assist Deer Trail with judgments and potential approaches to exploitation of the Toroweap Sandstone in the 8600 area of the PTH adit - (It appears that this area has the greatest potential for hosting high grade, large tonnage mineralization at The Deer Trail Gold & Silver Mines - That area is, however, the portion of the existing workings that is least accessible for mining in the near term.)
The agreement calls for additional personnel and support for Behre Dolbear's - work at The Deer Trail Mines -
Further, the modifications call for reorganizing and redirecting site efforts that have heretofore focused specifically on the logging, chemical analyses, and interpretation of the drill cores -
Behre Dolbear - will focus on those aspects of the expanded work scope that will most quickly lead to the definition and potential reporting of ore reserves in the form of mine tailings -
They will also focus strongly on the development of mineralization models that facilitate judgments regarding the 3100-3400 area of the PTH adit and the timing of work in the 8600 area -
"We are extremely pleased to have expanded the scope - of our agreement with -
Behre Dolbear - and look forward - to broadening this relationship further as we work to establish long-term mining operations at The Deer Trail Mines," - stated Mark A. Lopez, chief executive officer of Unico, Inc. -
"There is much still to be accomplished, particularly as it relates to defining potential mineral resources at Unico's subsidiary mine properties, and the expansion of our agreement with - Behre Dolbear - is an important step in that direction."
"One of the primary objectives in our agreement - to this new work order change is adding value to - the Deer Trail Mine - and related project assets in the short-term. We feel very confident that - Behre Dolbear - will provide the additional insight needed to help clarify our path - in moving forward," 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. (OTCBB: UCOI), 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 Mines - The Bromide Basin Mines - and the Silver Bell Mine - The company has recently announced agreements to acquire over 70 additional mining claims. For more information, please visit - http://www.unicomining.com.
This news release may contain forward-looking statements ---are included on certain forms the company files with the Securities and Exchange Commission - (Note. The SEC - is a shame to - United State Of America - for not been able to shut down the nss terror - of illegal criminals to naked short sellings - which been going on and increased since 9/11 - 666 terror plot - The SEC - is a shame to - The World & Mining Industry - United State Of America - IMO!)
Source: Market Wire (November 30, 2006 - 9:00 AM EST)
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Founded in 1911 by Samuel Dolbear - Behre Dolbear - is one of the oldest, continually operating minerals industry consulting firms in the world - Since its founding, the company has spanned the industry from the primitive pick and shovel days of mining to the computer age of geostatistics. The company specializes in performing studies and consulting for a wide range of businesses with interests in the minerals industry, including:
* major and junior mining companies * banks and other lenders * venture capital syndications and private individuals * government agencies * native or First Nations peoples, tribes, or bands. * mineral and other landholding companies
From offices around the world, the firm has performed assignments across the whole spectrum of commodities including base and precious metals, coal and lignite, ferrous metals, uranium, industrial minerals and gemstones -
More about Behre Dolbear - they have the experience in the mining industry to Rec. - UNICO INC. - Great old US, Utah Gold & Silver Mines treasure Ore chests - still has to be opened up recommisioned re-started and the hard asset values of the PM metals of - Gold, Silver, Copper, Zinc, Lead - PMG - Uranium - rare earth strategic Ore minerals etc.