UNICO Ships Metal Concentrates to Industrias Penoles for Smelting.Business Editors MARYSVALE, Utah--(BUSINESS WIRE)--Jan. 28, 2003 UNICO, Incorporated (Arizona) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :UNCN UNCN United Nations Council for Namibia ) is pleased to announce that on Monday, January 27th the company shipped its first truckload truck·load n. The quantity that a truck can hold. truckload n → camión m lleno of metal concentrates produced at UNICO'S Deer Trail Mill in Marysvale, Utah Marysvale is a town in Piute County, Utah, United States. The population was 381 at the 2000 census. Geography Marysvale is located at (38.447585, -112.232763)GR1. . The shipment, containing 20 tons of silver/gold/lead/zinc/copper concentrates, is expected to arrive early next week in Torreon, Mexico at the smelting smelting, in metallurgy, any process of melting or fusion, especially to extract a metal from its ore. Smelting processes vary in detail depending on the nature of the ore and the metal involved, but they are typified in the use of the blast furnace. facility of Industrias Penoles, the world's largest silver producer. This initial shipment of 20 tons represents a milestone for UNICO and signals the end of the fine-tuning stage at the Deer Trail Mill focused on machinery performance, ore grades and reagent mixtures. With access to a multi-month stockpile of ore, an assay lab equipped with an Atomic Absorption unit Noun 1. absorption unit - a unit for measuring absorption unit, unit of measurement - any division of quantity accepted as a standard of measurement or exchange; "the dollar is the United States unit of currency"; "a unit of wheat is a bushel"; "change per unit , and plans to develop richer ore zones, UNICO expects subsequent shipments will garner increasing values. After UNICO and Penoles confirm their assays of the concentrates, the company expects timely payment. For more information about the Deer Trail Mill and Mine and other company projects visit UNICO's web site at www.uncn.net or contact Mr. Ray Brown at 530/873-4394. UNICO Inc., a publicly traded Arizona Corporation is listed on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. , stock symbol UNCN. This natural resource company is focused on the production of gold, silver, lead and zinc concentrates from its Deer Trail Mine, Silver Bell Mine and Bromide bromide, any of a group of compounds that contain bromine and a more electropositive element or radical. Bromides are formed by the reaction of bromine or a bromide with another substance; they are widely distributed in nature. Basin Mines. Its mill facility is located at the Deer Trail Mine in Marysvale, Utah. Management believes these polymetallic mines have the potential to become profitable and develop a world-class ore body. This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and 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. |
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