UPDATE 1-Breakwater shuts mine on accident, sees no impact

* Mill has two months’ worth of supply on hand

* No word on when mine will reopen

SANTIAGO, May 3 (BestGrowthStock) – Breakwater (BWR.TO: ) has shut
its Estatuas zinc mine in Chile pending a probe over the death
of an employee after an accident at the mine, but the company
said it saw no impact to its 2010 output target on high stock.

The remaining mines and a mill at the Toqui property
continue to operate normally after the weekend accident, said
Ann Wilkinson, Breakwater’s vice president of investors
relations.

“We don’t anticipate impact on output because we have two
months’ worth of material in front of the mill,” Wilkinson
said. She didn’t say when the mine will reopen.

Toqui is expected to produce 23,000 tonnes of zinc in 2010.
The deposit is also seen producing 35,000 ounces of gold,
83,000 ounces of silver and 600 tonnes of lead in 2010. Toqui
is expected to extract about a quarter of the company’s
estimated zinc production in 2010.

Stock Report

(Reporting by Alonso Soto; Editing by Lisa Shumaker)

UPDATE 1-Breakwater shuts mine on accident, sees no impact