Unico, Inc. Announces New Photo Gallery of Work on Electrical Substation That Will Supply Power to the Deer Trail Mine Thursday May 10, 9:41 am ET
SAN DIEGO, CA--(MARKET WIRE)--May 10, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, has added a new photo gallery to its website, www.unicomining.com, which shows work on the electrical substation that will supply power to the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. The new photo gallery has been posted in the Media section of the website at http://www.unicomining.com./news/othermedia.php. Unico's wholly owned subsidiary, Deer Trail Mining Company, is working in cooperation with Cache Valley Electric (http://www.cve.com/), one of the largest electrical contractors in the western United States, to prepare the site and build the substation. Once that work is completed, electricity producer PacifiCorp (www.pacificorp.com), which operates in the state of Utah as Rocky Mountain Power, will supply the connection to the substation. 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.
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The focus of the new photo gallery is work previously completed at the substation site, including additional preparation of the ground upon which the substation is being built, the installation of the grounding circuit, 4-inch conduit and smaller conduits, and preparations for pouring the concrete pad where the main transformer for the substation will be mounted.
The first photograph in the gallery, taken from the upper level of the new mill building at the Deer Trail Mine, shows where the new substation is located relative to the existing Rocky Mountain substation.
In addition to the ongoing work at the substation site, Cache Valley Electric is assisting with the installation of the subsidiary substation used to reduce the voltage from 12,470 volts to the 480 volts needed to operate the milling facility and the installation of electrical conduits, controls and wiring inside the mill buildings.
"With work on the new electrical substation continuing with the assistance of Cache Valley Electric, we expect to report additional progress at the substation site in the coming days," commented Mark A. Lopez, chief executive officer of Unico, Inc. "We hope that shareholders are pleased with the photographs in this new gallery and will follow the upcoming progress reports, both on the electrical substation and related to the reconstruction of the mill and processing facility at the Deer Trail Mine."
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.
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. The company has also announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
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