News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
|
Followers
|
108
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
17016
|
|
Created
|
08/10/06
|
Type
|
Free
|
| Moderators | |||
WELCOME TO UNICO INC.
Unico Inc., traded on the Over-the-Counter Bulletin Board market under the symbol UNCO, 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 subsidiary mine properties, including the Deer Trail Mine, the Silver Bell Mine and the Clyde and Crown Point claims.
The Deer Trail Mine, located in Marysvale, Utah has been the subject of two recent exploratory drilling programs, a reverse circulation drill program in 2004 and a diamond core drilling program in 2005. Unico has received approval of a Large-Scale Mining Operations and Reclamation Plan, giving the Company the ability to expand to a large mining operation and execute its long-term plan at the Deer Trail Mine.
A key element of this plan is the operation of the mill and processing facility at the Deer Trail site to establish a revenue center for the Company from activities at the facility. The Company intends to process current stockpiles of precious metal bearing ore and sell the concentrates to generate revenue in the near term. Initiating mining activities at the Silver Bell Mine and additional subsidiary mine properties are included in the Company's comprehensive strategy to bring value to Unico's shareholders
| BOARD OF DIRECTORS Dr. Edward E. Winders – Chairman Mark A. Lopez – Director C. Wayne Hartle – Independent Director Dr. Stephen R. Brown – Independent Director David A. Gillespie – Independent Director Ernest H. Kuhn – Independent Director OFFICERS Mark A. Lopez – Chief Executive Officer C. Wayne Hartle – Corporate Secretary Kenneth C. Wiedrich – Chief Financial Officer Charles Madsen – Executive Vice President, Operations | STATE OF INCORPORATION Arizona TRANSFER AGENT Transfer Online 317 SW Alder Street, 2nd Floor Portland, OR 97204 Telephone: 503.227.2950 Facsimile: 503.227.6874 INDEPENDENT AUDITOR HJ Associates & Consultants, LLP INVESTOR RELATIONS CONTACT |
HISTORY OF THE DEER TRAIL CLAIMS...
Effective June 1, 1992, UNICO, Inc., entered into a ten-year "Mining Lease option to Purchase," with Deer Trail Development Corporation, Dallas, Texas. {now Crown Mines, LLC} 27 patented claims (505 acres), 6 patented mill sites (30 acres), and 137 un-patented claims (2,740 acres), located in the Deer Trail Mountain-Alunite Ridge mining area in the Marysvale volcanic field of west-central Utah, near Marysvale, Utah, about 165 miles south-southwest of Salt Lake City.
On Nov. 26, 2001, UNICO Inc. announced the completion of a new 30 month lease agreement with Crown Mines of Dallas, Texas, for the continued operation of the Deer Trail Mine in Marysvale, Utah. Under the new lease, beginning December 1, 2001, UNICO may operate the Deer Trail Mine until May 29, 2004. At any point during the lease, UNICO may purchase the Deer Trail Mine for $4,000,000 and pay Crown Mines a 3% net smelter royalty.
These "Deer Trail Claims" total 3,275 acres, or 5.12 square miles, and include workings known as the Deer Trail Mine, the PTH Tunnel and the Carisa and Lucky Boy Mines. The PTH Tunnel penetrates more than 10,000 feet, with a developed network of tunnels, shafts, stopes, and raises at the 3,400-foot-area and at the 8,000-foot-area, and was mined by prior owners for gold and silver. The timbered and ventilated tunnels include more than two miles of track for ore cars accessed through a covered entrance structure. On-site are ore cars, battery operated engines, an engine storage and charging house, an electric power substation, a miners' locker room, a compressor building, and a general office, lab, core-sampling and housing facility. Both rail terminals and roadways are easily accessed year around and water is accessible to the site.
The initial Deer Trail claim dates to 1870, and mining activity was almost continuous from the turn-of-the-century to 1981. By as early as about 1911, an estimated $17 million in ore had been hauled from the mine at a time when gold was only $20 an ounce. Companies such as Arundel Mining (the mining instrument of a member of the du Pont family), Phelps Dodge, Marysvale Mining and Noranda have done work there. Arundel, for example, explored at the 3,300-foot-point of the PTH Tunnel and subsequently drove it forward beyond the 10,000-foot-mark. Ore occurrences at the 3,300- and 4,300-foot-areas presaged a significant mining operation in the 8,000-foot-area. Arundel shipped several million dollars of ore containing gold, silver, lead, zinc, copper and cadmium. All such mining operations were ceased in 1981 due to lack of mill and smelter recipients.
Phelps Dodge, and later Noranda, believed the Deer Trail/PTH geology was indicative of a major ore occurrence of molybdenum and copper. For several years, in excess of $250,000 per year was budgeted by them for further exploration and drilling.
The available structural and mineralogical data suggest, according to the United States Department of the Interior U.S. Geological Survey Open-file Report 78-314, that the Deer Trail mountain-Alunite Ridge mining area is centered above a 14-million-year-old epizonal stock that caused the local doming of this area. During emplacement, a dome with a radical fracture pattern formed and, with continued movement, the south side of the dome was uplifted as a trap door. A highly acidic wet-stream environment developed above the stock and the fractures were filled with vein-type alunite; the adjacent rocks were replaced by mixtures of alunite and kaolinite. Economic mineral deposits are also zoned around a barren, sulfate-dominated core at Alunite Ridge, surrounded by a doughnut-shaped ring of epithermal base- and precious-metal veins, and finally by base- and precious-metal mantos containing some uranium.
GEOLOGY...
The Deer Trail 8600 area orebody consists of a group of individual mantos that flank a north-westerly trending, steeply dipping vein called the Red Fissure. Individual mantos are strata-bound, attaining a thickness of as much as 10 feet. The manto ore is typically thickest at its intersection with the Red Fissure. Some of the thicker manto orebodies (206 stope) split at their margins into several tongues, that in turn wedge out. As seen in at least two localities (202 raise and 206 raise), where a large vertical section is exposed, several mantos are bi-laterally symmetrical about the Red Fissure. In various stopes of this area, at least 15 different mineralized beds have been exposed in the loser 120 feet of the 300 foot thick Toroweap Formation. There is a tendency for individual orebodies to replace successively higher beds in the section westward along the trend of the Red Fissure.
Reserves and resources of UNICO Inc: Deer Trail Mine
Historic or estimated resource : 287420
Unit : oz
In Situ Value: 313 977 608 US$
http://www.24hgold.com/english/projectcompany.aspx?id=15533556E6680&market=UNCO.OB
http://www.24hgold.com/english/project.aspx?id=6523702E6680
Other Properties:
http://www.unicomining.com/investments/deer1.php
SILVER BELL MINE CLAIMS
CLYDE AND CROWN POINT CLAIMS
SEC Filing
SIC: 1000 - METAL MINING
State location: CA | State of Inc.: AZ | Fiscal Year End: 0228
(Assistant Director Office No 4)
Get insider transactions for this issuer.
| Owner | Filings | Transaction Date | Type of Owner |
| Gillespie David A | 0001379493 | 2010-02-05 | director |
| Madsen Charles J | 0001471462 | 2009-08-24 | officer: Exec.VP - Operations |
| BROWN RAY C | 0001116062 | 2009-06-16 | director |
| Winders Edward E | 0001463818 | 2009-06-16 | director |
| HARTLE C WAYNE | 0001276610 | 2009-06-10 | director, officer: Secretary |
| Davis Patrick R E | 0001439975 | 2009-02-23 | 10 percent owner, other: Passive Investor |
| Belliston Richard | 0001303478 | 2006-08-29 | director |
| Lopez Mark A | 0001303534 | 2005-03-07 | officer: Cheif Executive Officer |
| Ash Wayne M | 0001306564 | 2004-10-19 | officer: President |
| Date | Reporting Owner | Form | Trans. | Modes | Shares | Price | Owned | No. | Owner CIK | Security Name | Deemed | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Exercise | Nature | Derivative | Underlying | Exercised | Underlying | Expires | Underlying | |||||
| A | 2010-02-05 | Gillespie David A | 4 | P-Purchase | --D | 33333333.0000 | 33333333.0000 | 1 | 0001379493 | Common Stock, $0.001 par | ||
| A | 2009-06-16 | Winders Edward E | 4 | P-Purchase | --D | 5000000.0000 | 5000000.0000 | 1 | 0001463818 | Common Stock, $0.001 par | ||
| A | 2009-06-16 | BROWN RAY C | 4 | P-Purchase | --D | 1388889.0000 | 8559676.0000 | 1 | 0001116062 | Common Stock, $0.001 par | ||
| A | 2009-06-10 | HARTLE C WAYNE | 4 | G-Gift | --D | 735294.0000 | 6050308.0000 | 1 | 0001276610 | Common Stock, $0.001 par | ||
| D | 2009-06-10 | BROWN RAY C | 4 | G-Gift | --D | 367647.0000 | 7170787.0000 | 3 | 0001116062 | Common Stock, $0.001 par | ||
| D | 2009-06-10 | BROWN RAY C | 4 | G-Gift | --D | 735294.0000 | 7538434.0000 | 2 | 0001116062 | Common Stock, $0.001 par | ||
| A | 2009-06-10 | BROWN RAY C | 4 | P-Purchase | --D | 1838235.0000 | 8273728.0000 | 1 | 0001116062 | Common Stock, $0.001 par | ||
| A | 2009-05-08 | HARTLE C WAYNE | 4 | P-Purchase | --D | 1500000.0000 | 5315014.0000 | 2 | 0001276610 | Common Stock, $0.001 par | ||
| A | 2009-05-01 | HARTLE C WAYNE | 4 | P-Purchase | --D | 1320266.0000 | 1356216.0000 | 1 | 0001276610 | Common Stock, $0.001 par | ||
| A | 2009-05-01 | HARTLE C WAYNE | 4 | P-Purchase | --D | 2458798.0000 | 3815014.0000 | 1 | 0001276610 | Common Stock, $0.001 par | ||
| A | 2009-04-30 | BROWN RAY C | 4 | P-Purchase | --D | 1520585.0000 | 6435493.0000 | 1 | 0001116062 | Common Stock, $0.001 par | ||
| A | 2009-04-24 | BROWN RAY C | 4 | P-Purchase | --D | 2119798.0000 | 4914908.0000 | 1 | 0001116062 | Common Stock | ||
| A | 2009-02-24 | BROWN RAY C | 4 | P-Purchase | --D | 1906525.0000 | 2795110.0000 | 1 | 0001116062 | Common Stock, $0.001 par |
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001110737&owner=exclude&count=40
Authorized - 5,000,000,000 As of Jan 12 2010
Outstanding - 2,801,858,976 As of Feb 22 2010
http://ih.advfn.com/p.php?pid=nmona&cb=1267498194&article=41679599&symbol=NB%5EUNCO
Insider Transactions / Major Holders : http://finance.yahoo.com/q/it?s=UNCO.OB
| Major Holders | Shares | Reported |
| 33,333,333 | 5-Feb-10 | |
| 8,559,676 | 16-Jun-09 | |
| 6,050,308 | 10-Jun-09 | |
| 5,000,000 | 16-Jun-09 | |
| 4,103,000 | 23-Feb-09 |
Investor Newsletters | ||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||
Communism's True Believers Won't Give Up -
http://www.henrymakow.com/communisms_useful_idiots_wont.html
Useful PM related sites:
http://www.24hgold.com/
http://www.jsmineset.com/
http://www.marketwatch.com/
http://www.mineweb.com/
http://www.gold-eagle.com/
http://www.kitco.com/
http://www.usagold.com/
http://www.usagold.com/amk/usagoldmarketupdate.html
http://www.GoldSeek.com/
http://www.GoldReview.com/
http://www.capitalupdates.com/
http://www.dailyreckoning.com/
http://www.goldenbar.com/
http://www.silver-investor.com/
http://www.thebulliondesk.com/
http://www.sharelynx.com/
http://www.mininglife.com/
http://www.financialsense.com/
http://www.fgmr.com/
http://www.goldensextant.com/
http://www.goldismoney.info/index.html
http://www.howestreet.com/
http://www.depression2.tv/
http://www.un-debt.net/
http://www.minersmanual.com/minernews.html
http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html
http://www.goldcolony.com/
http://www.miningstocks.com/
http://www.mineralstox.com/
http://www.freemarketnews.com/
http://www.321gold.com/
http://www.silverseek.com/
http://www.investmentrarities.com/
http://www.kereport.com/ (Korelin Business Report -- audio)
http://www.plata.com.mx/plata/home.htm (in Spanish)
http://www.plata.com.mx/plata/plata/english.htm (in English)
http://www.resourceinvestor.com/
http://www.miningmx.com/
http://www.prudentbear.com/
http://www.dollarcollapse.com/
http://www.kitcocasey.com/
http://000999.forumactif.com/
http://www.golddrivers.com/
http://www.goldpennystocks.com/
http://www.oroyfinanzas.com/
http://www.goldcore.com/
http://coininfo.com/
http://www.insidegold.com/
http://www.goldmau.com/
http://www.milesfranklin.com/
http://www.silverminers.com/
http://www.gold-speculator.com/
http://bullion.nwtmint.com/
http://www.preciousmetalsmonthly.com/
http://www.silverstockreport.com/
http://www.longwavegroup.com/
http://theaureport.com/
Subscription sites:
http://www.lemetropolecafe.com/
http://www.marketforceanalysis.com/
http://www.hsletter.com/
http://www.interventionalanalysis.com/
http://www.investmentindicators.com/
http://www.caseyresearch.com/
http://www.deepcaster.com/
http://www.vrtrader.net/
Eagle Ranch discussion site:
http://os2eagle.net/SSL/phpentry.php
Ted Butler silver commentary archive:
http://www.investmentrarities.com/
Conspiracy World: A Truthteller's Compendium of Eye-Opening Revelations and Forbidden Knowledge
Army slams door on Obama details
Lt. Col. Lakin hearing: 'Items pertaining to president's credentials are not relevant'
http://www.wnd.com/index.php?fa=PAGE.view&pageId=161961
http://www.eutimes.net/?s=9%2F11
http://www.texemarrs.com/
