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Gold/Mining/Energy : Breakwater Resources (T.BWR)

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From: Hugh Bett2/22/2007 6:45:50 PM
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BWR.to results
available at breakwater.ca

Breakwater Resources 4Q Net Up On Higher Prices,Tons Sold
Dow Jones Newswires - February 22, 2007 5:55 PM ET

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DOW JONES NEWSWIRES

Toronto mining company Breakwater Resources Ltd.'s (BWR.T) fourth-quarter earnings rose on higher zinc and other metal prices and a 21% increase in metric tons of concentrate sold.

It earned C$50.4 million or 13 Canadian cents a share compared with C$9.3 million or 2 Canadian cents a year earlier.

The Thomson First Call mean estimate was for net of 10 Canadian cents a share in the fourth quarter of 2006.

Revenue rose to C$158.3 million on 73,230 concentrate tons sold from C$57.4 million on 60,391 tons last year.

-Tara Zachariah; 416-306-2100; AskNewswires@dowjones.com

> Dow Jones Newswires
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