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UCOI.OB

Started by 52 windsor deluxe, September 21, 2006, 11:20:54 AM

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52 windsor deluxe

up 24%.....L2's starting to trend upward today....be  careful....mining stock

evgeny05

hI
:o ::)

Unico, Inc. Announces Interim Summary Report on Analysis of Diamond Core Samples From Drilling Program at Deer Trail Mine


By Market Wire
Last Update: 10/19/2006 9:02:52 AM Data provided by 

SAN DIEGO, CA, Oct 19, 2006 (MARKET WIRE via COMTEX) -- Unico, Incorporated (UCOI), a natural resource company in the precious metals mining sector, today announced results from an Interim Summary Report submitted by Behre Dolbear and Company, Inc., which is providing geological and analytical services at Unico's Deer Trail Mine in Marysvale, Utah.

The report from Behre Dolbear states:

"Unico, Incorporated drilled 7,235 feet of BQ diameter core at various inclinations and azimuths from four drill stations in the Patrick Thomas Henry (PTH) adit at the Deer Trail Mine from December 2004 to April 2005. At that time, the core was not logged in detail and no analyses were done. Table 1 summarizes the drilling statistics. The station locations are defined based on the approximate footage from the PTH adit portal.

Behre Dolbear & Company (USA), Inc. (Behre Dolbear) contracted with Unico in March 2006 to geologically log the core, select intervals for analyses and assays, supervise the sawing of the selected intervals, submit those samples to a laboratory for analyses, opine on the mineralization observed, and provide technical advice to Unico. Between March 23, 2006 and October 6, 2006, Behre Dolbear logged in detail 4,429 feet of core from the eight holes indicated in Table1. A total of 550 samples totaling 611 feet of core containing trace to significant mineralization from six of the holes (UDDH 1, 5, 9, 11, 12, and 13) has been selected, sawed, submitted for analyses and assays, and the results received and evaluated. Analyses are pending from 228 samples from 385 feet of core in UDDH 3. UDDH 4 has been logged, but sample intervals have not been selected.

ALS Chemex (Chemex) did the analyses and assays at its laboratory in North Vancouver, British Columbia. Sample preparation, analyses, and assays were done as requested by Behre Dolbear using Chemex's standard protocols. Gold was determined by fire assay with an atomic absorption spectrometry (AAS) finish. All samples were also analyzed for a 34-element suite of major and potentially significant trace elements using an aqua regia digestion and an emission spectrographic scan. Chemex's quality control-quality assurance system complies with the requirements of the international standards ISO 90001:2000 and ISO17025:1999.

The Pennsylvanian Callville Limestone is the host of the mineralization in the holes logged by Behre Dolbear at the Deer Trail Mine. Behre Dolbear has logged over 4,400 feet of core that traverses the various lithologies of the upper 700 feet of that formation. This detailed logging has resulted in the recognition of ten previously unrecognized informal members and/or other subdivisions that will enable future work to place the mineralized horizons in the vicinity of the mine into stratigraphic perspective.

The mineralization in the Callville Limestone typically consists of stratabound narrow conformable bands of semi-massive to massive sulfides separated by relatively long intervals of weakly mineralized to barren rock. Ore minerals include sphalerite, galena, chalcopyrite, and tetrahedrite-tennantite. Where the significantly mineralized zones are thicker, the mineralized bands are closer together.

Based on the analytical results received to date, Behre Dolbear combined 33 continuous assay intervals from six holes into gross assay intervals ranging from 2.3 feet to 95 feet in length, uncorrected to true stratigraphic width. Intervals within the gross intervals were combined into 113 detailed intervals based on their grades."

Mark A. Lopez, chief executive officer of Unico, Inc., commented, "While this interim report only reflects a portion of the work that Behre Dolbear has included in its Interim Summary Report we are very pleased with the results so far. Additional information from the interim report is planned for a subsequent announcement in the next several days. The additional information includes the weighted average grades from the best intervals in each of the six holes analyzed.

"We appreciate Behre Dolbear's willingness to provide this information, so that Unico shareholders can be informed of the initial work by Behre Dolbear at the Deer Trail Mine. It shows well for the progress thus far that Behre Dolbear would provide the information in this report rather than waiting for the final summary report to release any results," Mr. Lopez added.

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.


evgeny05

Hi

Unico, Inc. Announces Chairman's Purchase of 2.55 Million Shares to Double Common Stock Ownership
Wednesday October 18, 9:07 am ET


SAN DIEGO, CA--(MARKET WIRE)--Oct 18, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that chairman Ray C. Brown has doubled his common stock position in the company through the purchase of an additional 2,550,000 shares of Unico stock
The purchase was made at a price of $0.0128 per share on October 13, 2006 and brings the number of common shares that Mr. Brown owns to 5,100,000. Mr. Brown's purchase is reflected in a Form 4 Statement of Change in Beneficial Ownership of Securities filed with the Securities and Exchange Commission.
"Unico's consistent progress in its efforts to complete reconstruction of the mill and processing facility at Deer Trail Mine continues to increase my confidence in the future of the company and its subsidiary mining companies," stated Mr. Brown. "We are also extremely optimistic about the additional information that Unico expects to receive from the logging and analytical work being completed by Behre Dolbear."

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.


Market Cap: 760.89K
EPS (ttm): -1.121
Shares Out. 49.1M
http://finance.yahoo.com/q/it?s=UCOI.OB


Possible is time for purchase (only my opinion)  :o

sir_joke

Tanking like the rock it mines...

some day ore will be milled and revenues will start but not today!

float is now around 95 million with new shares issued to cover debt ordered by the courts.

cheers,
SJ

evgeny05


sir_joke

and right back down.....

this one is being played....

cheers,
SJ

evgeny05

 :o
Unico, Inc. Announces Mineralization Results From Interim Summary Report on Analysis of Diamond Core Samples From Drilling Program at Deer Trail Mine

Thursday , October 26, 2006 08:55 ET


SAN DIEGO, CA -- (MARKET WIRE) -- 10/26/06 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced additional information from an Interim Summary Report submitted by Behre Dolbear and Company (USA), Inc., ("Behre Dolbear") which is providing geological services at Unico's Deer Trail Mine in Marysvale, Utah. This report, which encompasses only a portion of the total holes that will be ultimately analyzed in the Final Summary Report from Behre Dolbear, includes the best intervals of mineralization for each hole analyzed thus far and provides values of gold, silver copper, lead, and zinc.


The report from Behre Dolbear states:

"The best intervals based on thickness and grades in multiple metals in the six holes from which analyses have been received are listed in Table 2.

Table 2 shows that significant mineralization in most of the holes is confined to relatively narrow intervals ranging from 1.0 feet to 10.6 feet. The thickest intercept with significant mineralization is in UDDH 12 at 55.2 feet. The intervals are uncorrected for the true widths of the intercepts and will all be thinner than stated, some possibly as much as fifty percent thinner. Overall, silver contributes the most value of the metals in Table 2 with zinc second and gold, copper, and lead contributing subordinate values. In some of the intervals, the silver and gold are high but the base metals are low. Copper contributes more value than zinc in some of these intervals. Only one of the intervals (UDDH 11 at 105.0 to 110.6 feet) has high values in all of the metals. The highest gold and silver values are in UDDH 1 (5.273 ppm Au=0.167oz/t Au; 366.9 ppm Ag= 10.71 oz/t Ag), and UDDH 11 (4.564 ppm Au= 0.133 oz/t Au; 585.1 ppm Ag= 17.08oz/t Ag).

Table 2

Best Interval from Each Analyzed Hole

UDDH  Analyzed  Analyzed  Interval  Au(ppm) Ag(ppm) Cu(%)   Pb(%)   Zn(%)
      From      To       (Feet)
1     365.5     370.4     4.9       5.723   366.9   0.01    0.16    0.42
      406.6     417.2     10.6      1.062   177.6   0.11    0.58    1.58
      456.0     462.5     6.5       0.350   156.4   0.24    1.38    2.08

5     322.0     327.0     5.0       0.870   164.1   0.25    2.09    1.27
      419.0     419.9     0.9       1.510   116.0   0.27    0.35    0.18

9     293.7     300.1     6.4       0.372   46.8    0.15    1.28    1.78
      434.6     435.6     1.0       0.310   102.0   0.39    5.20    6.59

11    7.7       13.4      5.7       4.564   585.1   0.45    0.71    0.83
      105.0     110.6     5.6       1.600   550.6   0.96    2.0     2.43

12    5.8       61.0      55.2      0.608   183.1   0.44    0.40    0.67
      220.0     221.9     1.9       2.170   128.0   0.01    0.01    3.32

13    77.9      78.9      1.0       0.380   188.0   0.60    3.10    3.89

There is potential for an economic deposit at the Deer Trail Mine if the metals occur together in significant grades and in widths (generally greater than 10 feet) that are adequate for mining. Additional work is required to determine if those conditions exist. Before additional drilling is done, the results of the logging, analyses, and observations by Behre Dolbear should be combined with the data and results from previous work to develop a three-dimensional model of the deposit. Development of that model will require data from surface and underground mapping, previous mining, and drilling from this and previous campaigns. All of this data on lithologies, structures, mineralization, and alteration must be put together on maps and cross sections to build the model. Based on that model, the geometry (true widths and lateral extents) and grades of the mineralization as currently known will be indicated and decisions can be made if additional drilling has the potential to define economically mineable mineralization. It has not been determined if there is adequate data available from previous work to construct a good model."

Wayne Ash, President of Unico, Inc., commented, "The information in the Interim Summary Report is precisely what we were looking for from these initial holes. The report shows that in the holes analyzed thus far, there is at least one mineralized area of considerable thickness, UDDH 12, and that there are smaller thicknesses of higher-grade ore, such as the gold and silver occurring in UDDH 1 and UDDH 11. The results to this point have confirmed our expectations, and we look forward to the completion of the analysis of the data and the final report from Behre Dolbear."

Mark A. Lopez, chief executive officer of Unico, Inc., stated, "With the work completed thus far, we are well on our way to establishing new paths for future mining potential at the Deer Trail mine. This initial data will only enhance the direction of our exploration plans and help to define new areas of targeted interest never known to exist.

"We appreciate the insight and continued efforts by Behre Dolbear and await their additional reporting and analysis on this phase 2 program. Their consulting views are extremely important to us, and we are very encouraged by their interest in our project," 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.



evgeny05

Hi
:o ::)

Unico, Inc. Reports Additional Reconstruction of the Mill and Processing Facility at the Deer Trail Mine

Wednesday, November 01, 2006 09:00 ET


SAN DIEGO, CA -- (MARKET WIRE) -- 11/01/06 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced additional progress on reconstruction at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.


A new photo gallery showing the recent construction has been added to the "Media" section Unico website at www.unicomining.com/news/othermedia.php. Among the pictures added to the new reconstruction photo gallery are several that show placement and assembly of equipment at the facility, construction of a new building that will house the thickener tanks and filtration, surveying of the existing tailings pond, and installation of electric and control panels for the facility.

Jean Duvall, the millwright contracted to inspect the ball mill and supervise improvements, is on site to oversee the parts installation and completion of the ball mill. New rubber ball mill liners, which replaced the worn-out steel liners, were fabricated, delivered to the site and will be installed by representatives from Weir Minerals North America Rubber Engineering (www.weirminerals.com) who are also now on site at the Deer Trail property. Rubber liners tend to last two to three times longer than steel liners and will provide several additional advantages, including an expected 15% reduction of the company's electric bill and allow the ball-mill to run much more quietly, enhancing mill communications and the environment.

The screening of stockpiled material at the upper Deer Trail Mine is continuing, and the screened material is being moved to the mill in preparation for further processing. The stockpiled material comes from approximately 20,000 tons of material, which was mined over several decades in the first half of the 20th century. In total, the company has identified approximately 80,000 tons of material from this area, which it plans to screen and process at the Deer Trail mill facility. Historically, the material mined in this area has contained economical values of both gold and silver.

Both the screening operations and 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 the stockpiles of material on site and start producing concentrates to sell in fulfillment of a five-year purchase contract with PGM, LLC, a private subsidiary of Polymet Corporation.

"The upgrades being made to the mill and processing facility at the Deer Trail Mine are expected to improve the facility's efficiency and performance by removing outdated equipment and parts and replacing them with technologically superior ones," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We are pleased with the reconstruction efforts thus far and are looking forward to the completion of the mill facility and establishing revenues from its operation."

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.



sir_joke

current trading range...

$.006 to $.012.... not bad if it stays in this cycle.

money generator. just beware.... 5 billion AS and 180 million OS reported.
This could be significantly increasing based on financial needs of company
to refurbish Deer Trail mine and Mill. Pacificorp power is great news.

cheers,
SJ

hottea

It looked as if it's trying to break the neckline of a head and shoulders bottom.
Have a feeling that there is also a bump and run going on.
Looks bullish

evgeny05

 :o

evgeny05

Hi
:o

evgeny05

 :o

evgeny05

Hi
:o

evgeny05

Hi
:o

Unico, Inc. Announces Purchase of Main Transformer for Electrical Substation at the Deer Trail Mine

Monday , January 22, 2007 08:47ET


SAN DIEGO, CA -- (MARKET WIRE) -- 01/22/07 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the company has purchased the main transformer for its new electrical substation at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.


The General Electric transformer was purchased from Denver Magnetic, Inc. and delivery is expected within the next three weeks. In the interim, the substation site will be prepared for the grounding circuits and concrete foundation.

The primary voltage of the transformer is 46,000 volts, which will be provided to the Deer Trail Mine from PacifiCorp, which operates in Utah as Rocky Mountain Power. The secondary voltage of 12,470/7,200 will be sent to the mill by direct burial cable. The 12,470 voltage will then be further reduced to the required 480 volts required to operate the mill. The availability of additional voltage allows for the planned future expansion at the site, including larger crushing equipment, an additional ball mill and power to operate mining activities as needed.

"We are pleased to have purchased the main transformer for our new substation, since this is a critical component of the facility," stated Mark A. Lopez, chief executive officer of Unico, Inc. "With reconstruction of the mill and processing facility at the Deer Trail Mine in the completion phase, we are also focused on having the power requirements for the site in place, so that processing operations can begin as soon as possible."

Unico's wholly owned subsidiary, Deer Trail Mining Company, Inc., has contracted with BNA Consulting, Inc. (www.bnaconsulting.com), a major provider of electrical consulting services in Utah and surrounding states for 35 years, for a broad range of engineering services related to the construction of the substation. BNA's procurement services include assisting in locating the best quality electrical equipment possible, including starters and other required electrical components. The design and completion of the new substation itself is expected to provide substantial cost savings as a result of lower energy costs and greater reliability, and the use of good quality equipment is expected to reduce equipment costs by approximately 40%.

BNA recently finished the new building lighting and basic electrical schematic and is currently completing the engineering work for the new substation. Installation of the necessary service panels and fixtures is expected to begin immediately. The electrical panels will be temporarily connected to a generator at the Deer Trail site to assist with ongoing construction until the substation is complete.

BNA has proposed locating the new substation within 600 feet of the Deer Trail mill, directly adjoining the Rocky Mountain Power substation. This location will reduce the cost of the overhead line drop and the number of poles required to transport the higher voltage of 46,000 volts to the newly acquired transformer.

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 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 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. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.