Beartooth Platinum Corporation

Published : October 18th, 2007

Completes 2007 Drilling Season at Stillwater, Montana

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Keywords :   Bushveld | Chrome | Iron | Johnson | Platinum | South Africa |

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Beartooth Platinum Corporation
TSX VENTURE:BTP
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October 18, 2007
Beartooth Platinum Completes 2007 Drilling Season at Stillwater, Montana
TORONTO, ONTARIO--(Marketwire - Oct. 18, 2007) - Beartooth Platinum Corporation (TSX VENTURE:BTP) reports the end of the 2007 drilling season on its Stillwater property in South-Central Montana, USA, due to the arrival of the first substantial winter snow.

BTP successfully drilled 3,275.9 metres (10,145 feet) in 11 holes, three on the Iron Mountain area and eight centered on the large, soil anomaly at Chrome Mountain that was identified in 2006 (held through JV with Premium Exploration (TSX VENTURE:PEM)). Samples were shipped on a daily basis to SGS in Toronto, with results for the first holes expected to be returned in the next few weeks.

Mike Johnson, President & CEO of Beartooth commented, "The drilling intercepted some very interesting mineralization including several meters of sulphides, chromites and other indications of potential Platinum Group Metal mineralization."

Despite a number of hurdles, BTP completed a substantial portion of its planned drill program. Drilling for the 2007 field season was delayed because custom rigs ordered for the project arrived late. As was previously reported, work was also interrupted by a local forest fire. In addition, a lobby group sought unsuccessfully to challenge the permit-granting process of the United States Forest Service by challenging certain of the permits held by BTP.

In addition to Beartooth's Stillwater project, the Company is moving ahead with plans to drill on the geophysical anomaly located on the Doornfontein Project, located on the northern rim of the Bushveld, South Africa. Drilling is planned to start in November 2007. The Doornfontein Project represents a good opportunity for Beartooth not only because it provides a foothold in the prolific Bushveld Camp but also represents an opportunity for drilling to be carried out while Beartooth's Stillwater project is not accessible due to winter conditions.

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 valerie@chfir.com and please specify "Beartooth press releases" in the subject line.

Statements in this release that are not historical facts are "forward-looking statements" within applicable securities laws. 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.

CONTACT INFORMATION:

Beartooth Platinum Corporation
Michael D. Johnson
President & 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
Jeanny So
(416) 868-1079, Ext. 225
Email: jeanny@chfir.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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Beartooth Platinum Corporation

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CODE : BTP.V
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Beartooth Platinum is a platinum exploration company based in .

Beartooth Platinum holds various exploration projects in USA.

Its main exploration properties are CHROME MOUNTAIN, PETSITE, DEADWOOD and FRIDAY in USA.

Beartooth Platinum is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 32.5 millions as of today (US$ 30.1 millions, € 21.3 millions).

Its stock quote reached its highest recent level on December 30, 2004 at CA$ 0.45, and its lowest recent point on July 23, 2009 at CA$ 0.01.

Beartooth Platinum has 162 682 000 shares outstanding.

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Annual reports of Beartooth Platinum Corporation
Annual Report 2007
Project news of Beartooth Platinum Corporation
2/29/2008(Stillwater Complex) identifies potential bulk tonnage platinum / palladium disc...
8/15/2007(Stillwater Complex)Temporarily Suspends Drill Program at Stillwater due to Wild...
8/9/2007(Stillwater Complex)Announces 2007 Drill Program for Stillwater Project
Corporate news of Beartooth Platinum Corporation
12/6/2007Announces Results From the Inversion Modeling of Ground Mag
10/18/2007 Completes 2007 Drilling Season at Stillwater, Montana
10/2/2007Provides Update on Exploration at Doornfontein Project, Sout...
8/27/2007Resumes Drill Program at Stillwater
7/9/2007Announces 2007 Exploration Program for Stillwater Project
6/7/2007Announces Joint Venture with Premium Exploration Inc. on
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