Abstract: A breakaway mounting assembly for a cutting torch or other non-contact tool includes a tool mounting collar with an outer frustoconical bearing surface adapted to be received in an annular support ring having a complimentary inner frustoconical bearing surface providing precision torch positioning. Resilient spring-biased detents hold the torch and mounting collar in the operating position, but are deflected in the event the torch collides with an obstruction, allowing the torch to be dislodged from the mounting without damage. The dislodged torch can be remounted with a simple snap-in action and precise realignment is automaticaly established. A switch which is activated by displacement between the supporting frustoconical bearing surfaces may be used to signal the operator or cause an appropriate response in the torch carriage operating system.