Atlanta, GA 7/11/2009 5:58:39 AM
News / Finance

Unico, Inc. Announces Acquisition of Additional Equipment at the Deer Trail Mine

Unico, Incorporated today announced the acquisition of equipment to be added to the processing facility at the Deer Trail Mine in Marysvale, Utah. The equipment received from the Royal Mines and Minerals included a 1-ton per hour ball mill that will be used in an additional regrinding circuit. This regrinding circuit will help produce an easier separation precious metal concentrate. The Deer Trail facility also received a 12-Foot Eimco Belt Extractor Filter enabling the mill to handle the close to 1 ton of concentrate produced each hour and eliminating the previous need to store the concentrate in tanks for later filtration. Additionally received were a Nash Vacuum Pump and two vacuum receivers to be use with the Eimco Filter

 

"The acquisition of this equipment from Royal Mines And Minerals Corporation is another very positive step in the bourgeoning relationship between our two companies," stated Mark A. Lopez, chief executive officer of Unico, Inc. "There is a clear benefit to having the ability to process material at a faster rate as well as to produce a higher grade of precious metals concentrate. We expect there to be additional progress related to our Deer Trail Mine project in the near term, and we look forward to announcing those events as they occur."

 

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