Beartooth Platinum Corporation Announces Start Up of 2008 Drilling Program at Stillwater, Montana, USA
12 August 2008 - 1:30PM
Marketwired
Beartooth Platinum Corporation (TSX VENTURE: BTP) is pleased to
announce the start up of the 2008 drilling program at their
Stillwater property, located in south central Montana, USA.
The program will consist of multiple core holes located
perpendicular to the 15 km soil geochemical anomaly identified
during the 2006 field program.
Preliminary results are expected in the fourth quarter of the
year.
About Beartooth Platinum Corporation
Beartooth Platinum Corporation is focused on the exploration for
Platinum Group Metals (PGE) globally. The Company is currently
active in two of the world's most significant PGE camps: the
Stillwater and Bushveld intrusive complexes. In Montana, USA,
Beartooth controls 1054 unpatented lode mineral claims over the
exposed 50-km strike length of the Stillwater Intrusive Complex.
The Stillwater Complex hosts the JM-Reef, the world's highest-grade
primary PGE 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.
In Limpopo Province of South Africa, Beartooth has an option to
earn a 70%-interest in the approximately 7,500 hectare Doornfontein
property. The Doornfontein property overlies a regional scale
magnetic anomaly situated between the North and East Limbs of the
Bushveld Intrusive Complex. The anomaly is thought to reflect the
westward extension of the East Limb of the complex beneath younger
cover rocks. The East Limb of the intrusion hosts the Merensky and
UG2 platiniferous reefs, two of the most significant repositories
of Platinum Group Metals in the world.
Additional information about the Company and its properties is
available on the Company's website at
www.beartoothplatinum.com.
Regulatory Footnotes
Michael D. Johnson, President, CEO and Director of Beartooth
Platinum Corporation (BTP), is a Qualified Person as defined under
National Instrument 43-101 responsible for the scientific and
technical work on the exploration program and is responsible for
reviewing the technical disclosure in this press release. Field
work in the Stillwater Complex, Montana, USA, has been performed
under Mr Johnson's supervision.
This document may contain or refer to forward looking
information based on current expectations, including, but not
limited to, mineralization projections, estimates regarding the
geology of the Company's properties, timing of future exploration
activities and the impact of additional work on the progress of the
program. Forward-looking information is subject to significant
risks and uncertainties, and other factors that could cause actual
results to differ materially from expected results. These
forward-looking information is made as of the date hereof and we
assume no responsibility to update or revise them to reflect new
events or circumstances.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Beartooth Platinum Corporation Michael D. Johnson
President & CEO (775) 721-7966 Email: mdjohnsonassoc@aol.com or
info@beartoothplatinum.com Website: www.beartoothplatinum.com
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