Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced the expansion of its initial agreement with Talon Resources, Inc. to include additional consulting services for the bonding and permitting requirements of the new construction and milling activity at the Deer Trail Mine property in Marysvale, Utah.
Talon Resources will assist Unico's wholly owned subsidiary Deer Trail Mining Company, LLC to meet the bonding and permitting requirements for the various agencies involved in regulating both mining and construction at the Deer Trail Mine property. In addition, Talon Resources will provide consulting and direct representation for the company to the state of Utah's Division of Oil, Gas and Mining (DOGM), as well as conducting certified training and safety compliance programs required by Mine Safety and Health Administration (MSHA).
Talon Resources provides a wide variety of services to the mining industry including environmental assessments and permitting, construction inspection, surveying, engineering, instrument calibration, permit tracking, surveys for landfill and hazardous waste sites. They also provide mining and other subsurface location maps and global positioning system surveys.
Initially, the Deer Trail Mining Company hired Talon Resources to provide inspection of the underground mining activity in the PTH Tunnel and alternative miner rescue capabilities in connection with its mine rescue team. These activities were an integral part of the underground diamond core drilling program at the Deer Trail Mine in 2005.
"As Deer Trail Mining Company moves closer toward the completion of the mill and processing facility and ramps up mining activities at the Deer Trail Mine, Talon Resources' expertise and knowledge will play a vital role in making certain that the company adheres to all relevant regulatory requirements," commented Mark A. Lopez, chief executive officer of Unico, Inc.
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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.
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.