ZINC The base metal. News and Views. Symbol Zn Message Board

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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn

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From: Jirobe	10/28/2008 5:33:08 PM
	of 3270

Breakwater Initiates Temporary Cessation of Production at Langlois and Myra Falls biz.yahoo.com Tuesday October 28, 4:01 pm ET TORONTO, ONTARIO--(Marketwire - Oct. 28, 2008) - Breakwater Resources Ltd. (TSX:BWR - News; "Breakwater") has determined that it will temporarily suspend operations at both the Langlois mine in Quebec, Canada and the Myra Falls mine in British Columbia, Canada. This decision is precipitated by the decline in commodity prices and the general deterioration of the short-term economic outlook globally, which have mitigated the overall operational improvements in production and costs at both mines. This action enables the Company to retain valuable zinc assets that we will mine in the future when the zinc market returns to levels that more accurately reflect underlying supply and demand fundamentals. Temporary layoffs and the reduction in workforces at both operations will proceed over the next days and weeks with certain mining and milling activities continuing in the interim. The Company will continue to closely monitor economic and market conditions and will take appropriate actions in the best interest of the Company, its employees and its shareholders. Breakwater is a mining, exploration and development company which produces and sells zinc, copper, lead and gold concentrates to customers around the world. Once production at Langlois and Myra Falls temporarily ceases, the Company's concentrate production will be derived from two mines in Chile and in Honduras. Contact: Ann Wilkinson Breakwater Resources Ltd. Vice-President, Investor Relations (416) 363-4798 Ext. 277

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