TORONTO, November 24, 2006 - Breakwater Resources Ltd. (TSX: BWR) /CNW/ …Breakwater announced today that it will webcast, on a live basis, its half day analyst and investor seminar on Monday, November 27, 2006 commencing at 8:30 am ET. The seminar is being conducted to discuss Breakwater's exploration activities at each of its sites. Join us on the webcast through the URL http://w.on24.com/r.htm?e=32658&s=1&k=1F7608874A256B7F1EE72AD62F843B30 or through http://www.newswire.ca/en/webcast/index.cgi?tab=upcoming as our geoscientists present their geological models and describe their exploration activities. After the broadcast, an archive of the webcast will be available on Breakwater’s website as well as on CNW’s website for a period of 180 days.

The scheduled speakers on the webcast will be Olivier Grondin, geo, Manager Exploration Geology, Myra Falls Operation; Martin Perron, P.Eng., Manager of Exploration, Québec Operations, Aldo José Crino Araguiz, Senior Exploration Geologist, El Mochito Mine; and Alejandro Kakarieka, Consulting Geologist, El Toqui Mine.

The webcast will include forward-looking statements.

Should you require further information please contact:

E. Ann Wilkinson

Vice President, Investor Relations

416-363-4798 Ext. 277

awilkinson@breakwater.ca