Beartooth Platinum Corporation

Beartooth Platinum Corporation

August 15, 2007 09:00 ET

Beartooth Platinum Temporarily Suspends Drill Program at Stillwater due to Wildfires

TORONTO, ONTARIO--(Marketwire - Aug. 15, 2007) - The United States Forest Service (USFS) has closed an area of the Custer Forest where Beartooth Platinum Corporation (TSX VENTURE:BTP) is conducting their 2007 drilling program.

The Hicks fire, which was spotted at 5:30 PM on Sunday afternoon, has caused the United States Forest Service to close an area of approximately 200 square miles in the Custer National Forest.

It is hoped the situation will be quickly brought under control and that Beartooth can resume their 2007 drilling program of 20,000 feet and 20 holes along a 15 km strike length of identified platinum group metals. Further information will be disclosed as it becomes available.

Mr. Michael D. Johnson, President and CEO stated "At this point the delay in drilling is not anticipated to affect our total drill program of 20 holes at the Stillwater Project where we will have two drill rigs operating. The USFS has taken all necessary actions to swiftly bring these fires under control."

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