Breakwater Resources Ltd

Published : February 27th, 2010

Toqui Mine Undamaged by Chilean Earthquake

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Keywords :   Canada | Chile | Copper | Gold | Honduras | Lead | Zinc |

News Release

  

TORONTO, February 27, 2009 - (TSX - BWR, BWR.WT.A) Early this morning a magnitude 8.8 earthquake occurred in central Chile, 114 kilometres (71 miles) NNE (15 degrees) of Concepci�n, approximately 1000 kilometres north of Breakwater's Toqui mine.  The earthquake was noticed at the Toqui mine site; however, preliminary indications are that there has been no damage to infrastructure at the mine site. We are continuing to monitor the situation; our major concern right now is for the families of our employees and the people of Chile.

 

Breakwater is a mining, exploration and development company which produces and sells zinc, copper, lead and gold concentrates to customers around the world.  The Company's concentrate production is derived from three mines in Chile, Honduras and Canada. Breakwater's Langlois mine in Qu�bec, Canada is currently on temporary care and maintenance.

 

Should you require further information please contact:

 

Fred Hermann

Chief Operating Officer

647-929-4798

FHermann@breakwater.ca

Ann Wilkinson

Vice President, Investor Relations

416-357-5511

AWilkinson@breakwater.ca

 

Data and Statistics for these countries : Canada | Chile | Honduras | All
Gold and Silver Prices for these countries : Canada | Chile | Honduras | All

Breakwater Resources Ltd

PRODUCER
CODE : BWR.TO
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Breakwater Res. is a zinc and lead producing company based in Canada.

Breakwater Res. produces zinc, lead, copper, gold and silver in Canada, in Chile, in Honduras and in Tunisia, develops copper, gold, lead, silver and zinc in Canada, and holds various exploration projects in Canada and in Honduras.

Its main assets in production are MYRA FALLS MINE (H-W, LYNX, ET AL) and BOUCHARD-HEBERT (MOBRUN MINE) in Canada, MOCHITO MINE in Honduras, BOUGRINE MINE in Tunisia and TOQUI in Chile, its main assets in development are RESTIGOUCHE and LANGLOIS in Canada and its main exploration properties are ABITIBI GOLD, LAC GAYOT- VIRGINIA, TRIESTE PROPERTY, NANISIVIK MINE, CANNON MINE and CARIBOU MINE in Canada.

Breakwater Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 600.3 millions as of today (US$ 609.7 millions, € 433.6 millions).

Its stock quote reached its lowest recent point on November 21, 2008 at CA$ 0.06, and its highest recent level on December 10, 2010 at CA$ 7.01.

Breakwater Res. has 85 877 000 shares outstanding.

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