Unico, Inc. Announces Modified Agreement With -
Behre Dolbear -
for Expanded Geological Services at
the Deer Trail Mine -
November 30, 2006 - 9:00 AM EST -
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 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 Mine.
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 Mine -
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 Mine," -
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
unicomining.com.
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 Mine,
the Bromide Basin Mine
and the Silver Bell Mine.
The company has recently announced agreements to
acquire over 70 additional mining claims.
For more information, please visit -
unicomining.com.
dolbear.com
Forward-Looking Statements
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 -
IMO!)
Source: Market Wire (November 30, 2006 - 9:00 AM EST)
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