Beartooth Platinum Corporation Announces 2007 Drill Program for Stillwater Project by 24hgold

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Beartooth Platinum Corporation
TSX VENTURE:	BTP

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August 9, 2007

Beartooth Platinum Corporation Announces 2007 Drill Program for Stillwater Project

TORONTO, ONTARIO--(Marketwire - Aug. 9, 2007) - Beartooth Platinum Corporation (TSX VENTURE:BTP) is pleased to announce the commencement of drilling at the Company's Stillwater Project in south-central Montana, USA. The first of two rigs arrived at the Company's facilities in Nye, Montana on July 21st, and drilling began on July 31st. Mobilization to the first drill site was delayed slightly and the second drill is expected to arrive on site on August 9th. The two rigs have four times the available power of the fly rig utilized on Beartooth's Stillwater Project in 2006, and it is anticipated that the entire planned drill program will be completed on schedule despite the minor delays in mobilization.

The 2007 drill program targets a 15 km-long, Platinum+palladium+Copper+Nickel soil geochemical anomaly coincident with the interpreted position of the B Chromitite layer near the base of the Stillwater Intrusive Complex. A total of 34 holes at 200-meter spacing are planned along this strike length. The program is expected to total approximately 6,100 meters (20,000 feet) of core drilling. Please visit www.beartoothplatinum.com for details of the 2007 exploration program.

Mr. Michael Johnson, President and CEO said "We are very excited to commence drilling on the 34 new target locations with demonstrated strong anomalies that Beartooth identified last year. Our drill program in 2007 is more than double last year's program and results will be announced as soon as assays are received, likely in the fall."

The Company has also received full-suite Platinum Group Metal analyses for B Chromitite intersections obtained during the 2006 drill program. The samples were analyzed by nickel sulphide collection fire assay at SGS Mineral Services Ltd. of Toronto, Canada. These results confirm the high Rhodium concentrations in the B Chromitite layer as previously indicated by the Company's exploration work. In the new data, Rhodium concentrations range from 4-19% of the Platinum+palladium concentration in the B Chromitite core samples. These values are consistent with an average Rhodium content equivalent to 8-10% of the Platinum+palladium grade as determined from a database of Rhodium assays consisting of over 200 surface and core samples. Beartooth's rhodium values are amongst the highest discovered in the world at platinum and palladium producing mines. Full suite Platinum Group Metal assay results for the 2006 B Chromitite samples are presented in Table 1.


Table 1. Nickel Sulphide collection fire assay results for 2006
 core samples from the B Chromitite layer of the Stillwater Complex.
Hole          Sample From M   To M   Inter-  Au    Pt    Pd 
Number                               val M (ppb) (ppb) (ppb)

IM206-02      111210   28.6   28.8     0.2   53   527  2030

IM206-02      111211   28.8   29.1     0.3  234  3300 14100

IM206-02      111212   29.1   29.4     0.3  315  3910 19200

IM206-02      111213   29.4   29.6     0.3  101   625  1650

IM206-03      111534  101.4  101.7     0.3   32   597   958

IM206-03      111535  101.7  102.0     0.3   62  1300  1480

IM206-03      111536  102.0  102.3     0.3   63   772  1470

IM206-03      111537  102.3  102.6     0.3    8   158   170

IM206-03      111538  102.6  103.0     0.4   41   534   976

IM206-03      111539  103.0  104.2     1.2   48   290  1030

IM206-04      111697  108.4  108.8     0.3   67   674  3780

IM206-05    112149-B  243.8  244.1     0.3  140   970  2880

IM206-05      112151  244.1  244.4     0.3  117   712  2900

IM206-05      112152  244.4  244.8     0.3   74   266   681

IM206-06      112465  200.3  200.6     0.3  132  1540  3870

IM206-06      112466  200.6  200.9     0.3   63   727  6020

IM206-06      112467  200.9  201.2     0.3   33   173  1980



                                             Au+Pt+      Rh/  
Hole            Rh      Ru      Ir      Os   Pd+Rh   (Pt+Pd)    
Number        (ppb)   (ppb)   (ppb)   (ppb)   (ppb)       %
IM206-02       176     126      36      11    2786      6.9

IM206-02       986     229     135      26   18620      5.7

IM206-02   greater                         greater         
              than                            than         
              1000     276     137      23   24425         

IM206-02       110      25    12.1       6    2486      4.8

IM206-03       252     176    55.6      24    1839     16.2

IM206-03       433     158    99.8      23    3275     15.6

IM206-03       261      93    51.4      15    2566     11.6

IM206-03        62      88    21.5      10     398     18.9

IM206-03       187     108    38.4      12    1738     12.4

IM206-03        56      17    10.3       4    1424      4.2

IM206-04       446     262    78.1      45    4967     10.0

IM206-05       384     124    79.5      31    4374     10.0

IM206-05       185      49    30.4      20    3914      5.1

IM206-05        44      15     8.4       9    1065      4.6

IM206-06       559     154    73.8      15    6101     10.3

IM206-06       407      82    55.6      12    7217      6.0

IM206-06        92      22    17.6       8    2278      4.3
The widths shown in the above table are not true widths.
 Additional drilling is required before true widths can be
 calculated.

The Company employs a QA/QC protocol on all aspects of its analytical procedure. Core samples are sawn and one half of the core is restored to the core box for future reference and one half of the core is sent for analysis. Samples are taken in approx. 1.0-metre intervals or less. Sample preparation has been completed at the SGS preparation Laboratory in Elko, Nevada and the pulps are shipped to SGS Mineral Services Ltd. in Toronto, Canada for assaying using nickel sulphide collection fire assay techniques. A blank sample is inserted within every 50 & 100 ft of core. Known standards, samples representing a high and low range of grade are inserted at 25 and 75 ft intervals. Approximately 12.5% of the pulps are re-analyzed by SGS.

The Quality Control and all aspects of the exploration program are supervised by Mr. Michael D. Johnson, P.Geo, the President and Chief Executive Officer of Beartooth and a qualified person under National Instrument 43-101. Mr. Johnson has reviewed the technical information in this press release.

About Beartooth Platinum Corporation

Beartooth controls 872 unpatented lode mineral claims over the exposed 50-kilometer strike length of the Stillwater Complex. The Stillwater Complex hosts the JM-Reef, the world's richest primary PGM deposit. Stillwater Mining Company (SMC) currently operates two mines on the J-M Reef. Beartooth's mineral claims are contiguous with these significant resource properties.

Additional information about the Company and its properties is available on the Company's website at www.beartoothplatinum.com.

If you would like to receive press releases via email please contact Catarina@chfir.com.

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Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the applicable securities law. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward-looking statements. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release."

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Beartooth Platinum Corporation
Michael D. Johnson
President and CEO
(775) 721-7966
Email: mdjohnsonassoc@aol.com

or

Beartooth Platinum Corporation
Dave Meyer
Vice President, Corporate Development
(416) 861-5891
Email: info@beartoothplatinum.com
Website: www.beartoothplatinum.com

or

CHF Investor Relations
Linda Armstrong
Vice President
(416) 868-1079, Ext. 229
Email: Linda@chfir.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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