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blue_in_MI
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thanks for the input, NP. i'll keep them on my radar and maybe bite if they drop to .14 or so. i suspect there may be another leg down for some of these mining companies at some point, as interest rates start to rise later on in the year.
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HasmirFenring
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I like a good mining spec as much as the next guy but man is thing ever getting killed. Nice to see that it recovered a little, there are some large bids popping up now at .15-.16 but what on earth is going to move this guy? Are there some results or something expected...what are you guys waiting for to make this baby take off?
Not a basher, just wonderin! I bought a little actually but sold it for a profit today...

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northernprophet
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,Look, I buy stocks that have enormous potential. I am not a neophyte, I have been following/playing penny mining for over 15 years.

I will explain why I like BTP so much.
First, on their Montana property, BTP has 20 km of the J-M reef on their property. Obviously, not all of it is minable, but only 1500-2000 feet would make a mine. That does not include the VEZ (volatile enriched zone) which many analysts feel is better than the J-M reef.
And for Idaho, well we will know in a few days how that turns out.

Also, BTP is obviously tightly held. Trades like a stock with 25 million shares out, not 60 million.
As for management, these guys are not Howe street clowns.
Keith Minty, former CEO of North Amer. Palladium (PALamex, PDLtsx) is now
CEO of BTP.
Gerald McCarvill, the founder of Repadre Capital (Which eventually merged with Iamgold) is the Chairman of the Board)
John Andrews, former COO and President of Stillwater Mining (SWCny) was former CEO of BTP and is now consulting them.

I am also a shareholder of Stillwater Mining. It was up strongly today, I have not checked why.
I believe in the long-term prospects of palladium, and therefore am a big fan of Stillwater. It could easily be a takeover target. When Stilllwater goes over $20, it will attract attention to BTP.

Finally BTP is not being flogged to the public on the "resource show" circuit.
Basically, a stock with a market cap of less than $10 million, could easily be $100 million, with some decent news, it does not have to be spectacular news.

The risk/reward ratio is favorable, that is what speculation is all about.
Anyway, the next month will be interesting.

The results from their Idaho drill program should be out in less than 10 days, maybe they will announce them on their annual meeting on Fri, June 25.


[This message has been edited by northernprophet (edited June 18, 2004).]

[This message has been edited by northernprophet (edited June 18, 2004).]


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HasmirFenring
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Thanks NP for the informative post! We should try to get this allstocks canadian board chock full o' picks, we should capitalize on the bashers/pumpers not knowing where it is
I'll be looking to get back into BTP this week...

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blue_in_MI
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well, i guess it's now either a PR today, or announcing the idaho results at the actual meeting tomorrow. sure hope they're good results

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blue_in_MI
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wow, gold touching $400/oz now for the first time in awhile. would be a good time for BTP to announce some idaho results if the drilling in fact went well
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rich555
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I am thinking of putting in some real money into BTP. how much lower do you see it going?
and what do you think the results of there tests will be?

seems to me the upside is far greater than the down on this?

thanks for your comments


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blue_in_MI
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rich, I'm no expert, especially at these metals stocks - NP can fill you in more. however, imho i'd tread a bit cautiously with BTP: it's a junior company and quite a speculative stock. much more upside but also much more downside than more establish companies like SWC, PAL, WHT. i'd treat it as a speculative stock and thus not put more than you can afford to lose into it. fairly decent bottom support looks to be at the .13-.14 level, but - really you just never know. idaho results might be great, might stink, who knows. my enthusiasm is somewhat tempered by the fact that it was a low-budget drill in idaho. i bought in for a little mainly because i thought btp's properties in montana looked very promising, and it seemed like a good management team. we'll see, should be interesting. good luck to you!
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rich555
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thanks Blue, dems wise words
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GREGDOGG
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Looks like she's ready to go....

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Abtp&sid=0&o_symb=ca%3Abtp&freq=1&time=8



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GREGDOGG
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Hey Blue,

PAL looks good
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Apal&sid=0&o_symb=ca%3Apal&freq=1&time=8


WHT looks good too
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Awht&sid=0&o_symb=ca%3Awht&freq=1&time=8


SWC seems to have stopped trading back in '01


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blue_in_MI
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hi GD, i own a little WHT and plan on keeping it awhile. PAL i like but they had such a run that it almost worries me to get in now: as *soon* as i get in, it'll tank! heh, probably just me, but - i'm nervous to get into stocks that have run long and hard.
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GREGDOGG
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I hate that, just as we buy they tank...RRRRRRRRRRRR

Glad it's just not me, hahaha

BTP looks primed and ready


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HasmirFenring
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I find the same thing, the "buy on strength sell on strength" mantra rarely works for me...Good ol buy low sell high works better for me but I am a bit of a newb (1.5yrs)
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northernprophet
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Hey Gregdogg, with SWC blue is talking about Stillwater mining SWCny. An amazing v bottom.
Look at a 3 or 5 year chart of swc.

I still have some, started buying it way to early, but managed to pick up a bit under $3 in March '03. They listed on NY from AMEX at $29 three years ago, dropped it down to $2.20.
I believe SWC is in a MAJOR long term uptrend
and look at BTPs Montana assets as a warrant of SWC.
Grandich said on Kitco that he expects Pt and Pd to settle around $500 with a $100 difference between them.

I looked at level 2 moments ago, there is 220,000 bid between 15-17 (170,000 at 15) and there is maybe 200,000 up for sale all the way to 45 cents.

They have a zone of 140 metres of 20m thickness with a high grade core of 2-3 metres. How long is it?
What they said in their last NR was that the zones are vertically sloping and the last guys missed it. They are probably drilling 8 or 9 angled holes to go through the mineralized structures.

Needle in a haystack. Eskay Creek '89. Hole # 109. Yes it took 109 holes to find what they thought was there. Major discovery, still being mined today. Not sure if Barrick or Placer Dome now owns it.



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northernprophet
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http://www.tradetrek.com/ca/NN/default.asp?symbol=BTP
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blue_in_MI
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ok, it's annual meeting day - where's my idaho results PR?
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blue_in_MI
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huh, looks like they're not going to release the results today? what the heck did they talk about during the annual meeting today then?
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northernprophet
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Annual meetings are usually pretty academic and boring affairs, but some companies do issue news along with them.
Anyway, the stock is strengthening and the results must be soon.
I know it is frustrating. 6 weeks now.

In the past 2 weeks, Pacific International and Nat'l bank have been big buyers.(Nat'l Bank owns part of PI)
3 years ago it was PI and Nat'l Bank's buy recommendations that pushed BTP up to $2.00.

[This message has been edited by northernprophet (edited June 25, 2004).]


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northernprophet
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Stillwater Mining's (SWC) union contract expires on July 1.
This contract dispute is the only thing holding back the stock right now, but the stock has been strong the past month.

Also, I was wondering. Nor'ilsk of Russia owns 50% of Stillwater, and maybe they orchestrated the decline in palladium for the negotiations. Those union guys would want much more if palladium was at $350.
I bet palladium goes up once the contract is signed.

Someone bought 150,000 shares of SWC at the bell.
Remember, SWC doing well will only help BTPs Montana hopes. Think of BTP as a SWC warrant.
Also, SWC only has a little over 90 million shares out, still a cheap stock by market cap.


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northernprophet
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2003 Update (Now BTPs properties)

Canden Capital Corp. (the 'Company') is pleased to report on its recent progress.

Gold properties

'We are increasingly satisfied with the gold properties in Idaho being acquired by Canden and believe they represent an exceptional opportunity for a new gold company'said Mr. Arthur Fisher, President. 'Not only has our work to date heightened our interest in the potential high-grade zone on Friday/Petsite, which attracted us to these properties in the first place, but our view of the potential of the other properties along the Orogrande shear zone has also been enhanced. Previous work, prior to 1997, established over 600,000 ounces of gold in resource and reserve categories, however, our recent reviews indicate that work should also be done on other areas or zones that possibly have larger mineral potential.'

Mr. Fisher pointed out that the increase in the price of gold that has taken place over the past year adds value to the resources already established. In addition, there is considerable leverage based on the gold price. 'When the price of gold resumes its upwards trend, as Canden believes is likely in the months to come, the upside effect on these properties will be large', said Mr. Fisher.

Work being planned for late spring includes additional drilling on the high-grade zone of the Friday/Petsite property. Also, Canden will commence investigation of a large geochemical/geophysical anomaly on the Buffalo Gulch property.

Plans to commence an initial heap leach operation on a portion of Buffalo Gulch, that were put on hold when gold fell below US$300/ounce in 1997, will be re-evaluated using current costs and gold prices. These plans involved mining some 4.8 million (diluted) tons of ore containing 96,000 ounces of gold with total cash operating cost estimated in 1997 to be US$205/ounce. A bulk test established that metallurgical recoveries should be high; the mine plan indicated a low (under 1:1) strip ratio of waste to ore; and permitting was well advanced.

At Friday/Petsite, there is already an inferred resource of 16.7 million tons grading 0.0318 ounces/ton (15.2 million tonnes at 1.09 grams/tonne), at a cut-off grade of 0.015 ounces/ton. Contained gold is 532,000 ounces. This does not include the potential high-grade zone identified by Canden.

"THIS DOES NOT INCLUDE THE HIGH-GRADE ZONE"

Drill results on the latter zone include:

Down hole depth intercept Intercept Grade Grade Drill Hole commences (m) Metres Feet g / tonne oz / ton PC008 48.8 16.7 54.8 7.33 0.214 PC010 44.2 19.8 65.0 12.11 0.353 PC027 42.4 29.3 96.1 4.60 0.134 PC028 41.8 27.9 91.5 3.03 0.088

Of course, I believe this supposed "sale" of BTPs gold assets to Canden was just a scam to drive the gold shareholders from BTP.

I cannot see BTPs current drill program being a bust. The numbers are there.

[This message has been edited by northernprophet (edited July 05, 2004).]


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blue_in_MI
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why does this always seem to happen: metals through the roof today, PAL/SWC up about 5%, and... of course, BTP down another 12%. almost 2 months, no news now - no Idaho results, no Montana plan, no nothing. It was only a $200k drill in Idaho, how long can that possibly take? A week or two? Honestly I will be surprised if they have the time and money to even drill in Montana this year. I know you like the management NP, but - honestly I don't know what they are doing and what their plan is, seems like a lot of sitting around. I don't understand why they almost seem to *want* the stock price to tank. just to raise enough to drill Montana if they ever wake up, there will have to be a whole lot of dilution if they finance at these low prices.

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northernprophet
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Yes, I know it is frustrating.
I finally got the short position for June 30.
It is DOWN 215,000 to 128,227.That is a good sign. The stock was not going to move until the shorts covered. I am sure they are close to covering the remaining shares.

All I can say, is that the lack of hype is a good sign. Anybody could take BTP on a dog/pony show in the USA and have this thing at $1.00, easily.
Also, with the shares still registered and trading on the pinks, (20,000 yesterday) if the news is good, they will attempt to list on AMEX.
They cannot delay much longer. Announcements on ID and MT soon.
I am still a huge believer.


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HasmirFenring
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The asks on level 2 are thinning out... Very sparse on the way up to .20

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northernprophet
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RE: Level 2: Absolutely right. If someone put in a market order for 50,000 shares, the stock would be in the hi 20s.

Right now, BTP is the most underpromoted stock in the metals/mining sector.
Except for a dinky pop-up on kitco, they are doing absolutely nothing.

Why didn't they spend the money and produce a first-class glossy annual report?
Why aren't they on the gold-show tour.?
I believe BTP has the goods, but they need to get the story out.
They must have a plan; the stock is tightly held, and they want to make money too.
According to a SEC filing, there were only 389 shareholders in Dec, and that was after the Forbes takeover announcement.
389 shareholders, pretty small amount for a company with close to 50 million shares out at the time.


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blue_in_MI
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I'm no mining expert, but - that seems to be the key question - whether or not they have a plan. It strikes me that there are two possibilities:

1) they are purposely indifferent to the stock price and releasing news for some kind of reason and it is part of their "plan"

2) they are incompetent buffoons and blew it by not financing for Montana back at higher prices, and now they're not going to drill Montana this year and all they will have to show for the entire mining season is a teeny-budget Idaho drill

As much as I would like to believe (1), I must admit I am now leaning towards (2). A rinky-dink $200k drilling in Idaho that takes 2 months to get news back from, no promotion, no plan, no nothing. I hope I am wrong NP, but - I dunno, it is hard to see what their "plan" would be, it doesn't make much sense at least to me. I believe the properties they are holding are good ones, but they sure don't seem eager to actually explore them. I don't understand the whole thing about purposely not drilling near the most promising areas/VEZ's either, it doesn't make sense. Maybe it's some kind of game for insiders to get cheap shares first. But it sure seems like it'd be a good idea to drill the most promising areas first, then finance at a high share price after great news was released. If they finance anything now the dilution will be huge at these rock-bottom prices.


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blue_in_MI
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Minty, McCarvill, Andrews - these all seem to be serious players, veterans of successful operations like SWC and PAL. The other reason besides the properties that I bought into BTP was because I thought they would have strong leadership. What the heck are these guys doing, though? Seriously, what do they do all day long to earn they paychecks? It's obviously not promoting or getting the word out. They only had - what a week of drilling this year in Idaho. What do they do the other 51 weeks a year, play golf? Photocopy off and staple together their cheap annual report? Plus one day for the annual meeting, for which I've seen no news/no PR/no nothing.
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northernprophet
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We will know soon, blue. They are just about broke.
The stock has been accumulated, the insiders have their cheap options, there is no reason for them to do another cheap financing.
I am waiting for their next NR, it should answer some questions.

They knew they would be broke now, why did they drill IDAHO first?
Look, I am not saying ID will be a multi-million ounce deposit, but if gold stays strong, they have a good chance for a mine.

The next financing will answer our questions.

Also, I was being fed some false info by some people on stockhouse. Stockhouse and Yahoo are full of liars.

Finally, it is obvious that this stock is tightly held, these guys want to sell their shares at a high price, just like we do.


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northernprophet
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With the almost non-existent volume, at least we know the insiders aren't dumping their shares before the results.
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blue_in_MI
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well, shouldn't take long to hit .10 again - my guess is late next week. honestly, at this point they are only worth about .10: no signs of a plan, leadership, cash, or really much of anything. maybe they will announce the idaho results right before cranking up for next year's $50,000 2-day dig. that would be convenient for them because then they could consolidate their schedules and thus only work two full weeks a year, leaving them free to play golf and eat donuts the other 50 weeks without interruption. oh sorry, i'm sure they're extremely busy 60 hours a week "reviewing the data", heh. obviously i had the wrong idea with BTP: instead of buying their stock, I should have *applied for a job* with them - I sure wish my work schedule could be like theirs.

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northernprophet
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All the insider info in Canada has now been consolidated to one site. Canada has 10 provinces and 3 territories, and every one of them has different reporting rules.
www.sedi.ca

You do not register to use it, registration is only for the insiders/issuers(companies)
Once there, click English> Access Public Filings>
View Summary Reports
Insider Info by Issuer
Issuer Name: Beartooth Platinum
Date of transaction, OR Date of Filing
eg. January 5 2004 to
July 14 2004

You can also check a specific person, and see all the companies they are insiders on, and their transactions.


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northernprophet
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Look, these people took this company over for a reason, and injected $1 million of their own cold hard cash.
The deal was announced last Dec, but was planned since at least this time last year.
I AM STILL BULLISH, and yes, they do have a plan.
530,000 oz proven gold, and at least that much in the hi-grade zone.

Technicals.
Long term bull ran into wall at 45 cents, severe correction.
Made duoble bottom in early June and mid-July at 12-13 cents.
200 day M.A. still going up.



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BCmouser
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BTP short position is zero as of JULY 15 -down from 128,700 at JULY 1st. What does that tell you ? time to load up and let this run. JMHO
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Beartooth Platinum Corporation: Significant Near Surface High-Grade Gold Intersections at Beartooth's Idaho Friday/Petsite Project

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10:18 EDT Thursday, July 22, 2004


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TORONTO, ONTARIO--(CCNMatthews - July 22, 2004) - Beartooth Platinum Corporation (TSX VENTURE:BTP) has received drill results containing significant high-grade gold values from the first four diamond drill holes at the Friday/Petsite Project in the Elk City district of central Idaho. The Friday/Petsite Project has an historical resource, determined by Kinross Gold Corporation in 1999, of 15.2 million tonnes at 1.1 grams per tonne (540,000 ounces).. The resource contains both oxide and sulphide mineralization and is possibly open pittable. The objective of the current program is to test the potential for a higher grade core within this historical resource.

Beartooth controls large parts of a 30 km long belt in Idaho ("Orogrande Shear Zone") that contains several potential gold deposits. The belt was explored by Bema Gold Corporation, Cyprus Amax and Kinross Gold Corporation between 1984 and 1998. Several gold mineralized zones were identified which had open pit potential and could be amenable to heap leaching. Friday/Petsite is one of 4 such targets.

Highlights from the four Friday zone holes on the Friday/Petsite property include:

- Hole BFD-30 which intersected 9.33 g Au/t (8.75 g Au/t with highs cut to 30 g/t) over 2.9m true width;

- Hole BFD-31 which returned 8.29 g Au/t (8.13 g Au/t cut to 30 g/t) over a true width of 13m; and

- Hole BFD-32 which intersected 3.54 g Au/t over a true width of 25m including higher grade sections of :

9.29 g Au/t over a true width of 1.9m

9.75 g Au/t over a true width of 1.3m.

The objective of drilling four HQ size core holes totalling 517 metres on the Friday zone was to test a potential zone of higher grade gold mineralization, originally intersected in two diamond drill holes completed by Cyprus Amax in 1997. Their holes DDH PC-08 intersected 4.59 g/t gold (grade cut to 30 g/t) over 21.33 m and DDH PC-10, located approximately 90 metres farther south, intersected 5.70 g/t gold over 33.53 m (cut grade).

Table 1 (below) summarizes the principal mineralized intervals in the new drill holes. Table 2 summarizes mineralized intersections reported in historic diamond drill holes. Detailed maps are available at our website at www.beartoothplatinum.com.

The Friday zone mineralization, which strikes approximately north-south and dips steeply (60-70 degrees) to the east, has now been traced over a strike length of 250 metres by diamond drilling and several reverse circulation drill holes. The zone remains open to the north and south.

Gold mineralization occurs in sheared and silicified schist, gneiss and quartz monzonite where the Orogrande Shear Zone intersects the contact area of the Idaho Batholith. Gold occurs as fine grained free gold associated with silicification and quartz veinlets. Visible gold was identified in several sections of drill core from the four new holes.

Exploration by previous operators on the Friday/Petsite property identified a historic mineral resource of 15.2 million tonnes grading 1.1 g/t gold in several zones, including the Frisco zone, Friday zone and Petsite zone. The high grade mineralized zone occurs within this more extensive zone of lower grade mineralization.

Beartooth's President & CEO, Keith C. Minty P.Eng., commented "The results of this initial diamond drill program are very positive and clearly indicate that there is excellent potential to outline a significant high-grade gold resource in the Friday zone. The fact that this high grade zone occurs within the more extensive lower grade potentially open-pittable, heap-leachable resource reported by previous operators, adds an exciting element to the ongoing program. Planning for the next phase of exploration drilling is underway".

Beartooth has also completed an additional four holes at the nearby Buffalo Gulch property; assays are pending. Beartooth plans to expand the drilling program in Phase II and expects to initiate a pre-feasibility study next year on the Idaho deposits.

Assaying was carried out by ALS Chemex of North Vancouver, using fire assay on 30 gram pulps. Routine check assays are carried out by Acme Analytical Laboratories of Vancouver on sample pulps and sample rejects. Ronald Robertson, P. Geol., Beartooth's Vice President of Exploration, is the Qualified Person for the program as defined under National Instrument 43-101


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Beartooth Platinum Corporation: Significant Near Surface High-Grade Gold Intersections at Beartooth's Idaho Friday/Petsite Project


10:33 EDT Thursday, July 22, 2004

TORONTO (Business Wire) -- Beartooth Platinum Corporation (TSX VENTURE:BTP) has received drill results containing significant high-grade gold values from the first four diamond drill holes at the Friday/Petsite Project in the Elk City district of central Idaho. The Friday/Petsite Project has an historical resource, determined by Kinross Gold Corporation in 1999, of 15.2 million tonnes at 1.1 grams per tonne (540,000 ounces).. The resource contains both oxide and sulphide mineralization and is possibly open pittable. The objective of the current program is to test the potential for a higher grade core within this historical resource.

Beartooth controls large parts of a 30 km long belt in Idaho ("Orogrande Shear Zone") that contains several potential gold deposits. The belt was explored by Bema Gold Corporation, Cyprus Amax and Kinross Gold Corporation between 1984 and 1998. Several gold mineralized zones were identified which had open pit potential and could be amenable to heap leaching. Friday/Petsite is one of 4 such targets.

Highlights from the four Friday zone holes on the Friday/Petsite property include:

- Hole BFD-30 which intersected 9.33 g Au/t (8.75 g Au/t with highs cut to 30 g/t) over 2.9m true width;

- Hole BFD-31 which returned 8.29 g Au/t (8.13 g Au/t cut to 30 g/t) over a true width of 13m; and

- Hole BFD-32 which intersected 3.54 g Au/t over a true width of 25m including higher grade sections of :

9.29 g Au/t over a true width of 1.9m

9.75 g Au/t over a true width of 1.3m.

The objective of drilling four HQ size core holes totalling 517 metres on the Friday zone was to test a potential zone of higher grade gold mineralization, originally intersected in two diamond drill holes completed by Cyprus Amax in 1997. Their holes DDH PC-08 intersected 4.59 g/t gold (grade cut to 30 g/t) over 21.33 m and DDH PC-10, located approximately 90 metres farther south, intersected 5.70 g/t gold over 33.53 m (cut grade).

Table 1 (below) summarizes the principal mineralized intervals in the new drill holes. Table 2 summarizes mineralized intersections reported in historic diamond drill holes. Detailed maps are available at our website at www.beartoothplatinum.com.

The Friday zone mineralization, which strikes approximately north-south and dips steeply (60-70 degrees) to the east, has now been traced over a strike length of 250 metres by diamond drilling and several reverse circulation drill holes. The zone remains open to the north and south.

Gold mineralization occurs in sheared and silicified schist, gneiss and quartz monzonite where the Orogrande Shear Zone intersects the contact area of the Idaho Batholith. Gold occurs as fine grained free gold associated with silicification and quartz veinlets. Visible gold was identified in several sections of drill core from the four new holes.

Exploration by previous operators on the Friday/Petsite property identified a historic mineral resource of 15.2 million tonnes grading 1.1 g/t gold in several zones, including the Frisco zone, Friday zone and Petsite zone. The high grade mineralized zone occurs within this more extensive zone of lower grade mineralization.

Beartooth's President & CEO, Keith C. Minty P.Eng., commented "The results of this initial diamond drill program are very positive and clearly indicate that there is excellent potential to outline a significant high-grade gold resource in the Friday zone. The fact that this high grade zone occurs within the more extensive lower grade potentially open-pittable, heap-leachable resource reported by previous operators, adds an exciting element to the ongoing program. Planning for the next phase of exploration drilling is underway".

Beartooth has also completed an additional four holes at the nearby Buffalo Gulch property; assays are pending. Beartooth plans to expand the drilling program in Phase II and expects to initiate a pre-feasibility study next year on the Idaho deposits.

Assaying was carried out by ALS Chemex of North Vancouver, using fire assay on 30 gram pulps. Routine check assays are carried out by Acme Analytical Laboratories of Vancouver on sample pulps and sample rejects. Ronald Robertson, P. Geol., Beartooth's Vice President of Exploration, is the Qualified Person for the program as defined under National Instrument 43-101.

Disclaimer

Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation reform Act of 1995. 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".


Table 1: Significant Drilling Results, Friday zone

True Depth Below
Hole From To Gold Interval Width Surface(xx)
No.(x) (m) (m) (g/t) (m) (m) (m)
---------------------------------------------------------------------
FRIDAY
BFD-29 N506206 E61347 Elev.
9 5 1399
Dip -45
degrees 50.08 53.30 1.78 3.22 2.2 47
Az. 095
degrees 63.37 73.53 1.24 10.16 7.0 62


BFD-30 N506218 E61349 Elev.
6 6 1419
Dip -45
degrees 11.83 15.03 2.25 3.20 2.3 13
Az. 090
degrees 41.31 45.42 9.33 4.11 2.9 45
8.75 cut to 30 g/t
82.93 85.70 1.82 2.77 1.9 75
94.61 102.00 1.17 7.39 5.2 90
103.30 108.84 1.01 5.54 3.9 96


BFD-31 N506225 E61351 Elev.
6 3 1417
Dip -45
degrees 30.64 48.78 8.29 18.14 13.0 33
Az. 090
degrees 8.13 cut to 30 g/t
92.45 109.13 1.24 16.68 12.5 80


BFD-32 N506211 E61347 Elev.
0 0 1419
Dip -45
degrees 42.38 44.12 4.26 1.74 1.2 36
Az. 090
degrees 64.60 101.95 3.54 37.35 25.3 70

(x) all holes are HQ diamond drill core size.
(xx) depth calculated based on midpoint of intersection

Table 2: Friday Zone - Significant Results from Historic Drilling

Hole From To Gold Interval
No. (m) (m) (g/t) (m)
-----------------------------------------------------------
PC-08
Dip -45 degrees 48.77 70.10 6.17 21.33
Az. 091 degrees (4.60 cut grade)
74.68 80.77 1.55 6.09
85.34 92.96 2.03 7.62
97.54 99.06 1.59 1.52

PC-10
Dip -45 degrees 42.67 76.20 7.74 33.53
Az. 090 degrees (5.70 cut grade)
79.25 85.34 2.76 6.09
88.39 102.11 1.64 13.72
106.68 111.25 2.55 4.57
117.35 121.92 1.01 4.57

PC-12
Dip -45 degrees 30.39 35.05 2.53 4.66
Az. 090 degrees 49.07 50.75 1.55 1.68
57.85 61.72 1.35 3.87
129.33 137.16 1.73 7.83
141.43 143.01 1.99 1.58
149.35 151.33 3.20 1.98

PC-13
Dip -45 degrees 105.00 106.53 1.57 1.53
Az. 090 degrees 161.54 163.07 1.66 1.53
166.88 168.40 3.85 1.52
175.87 177.39 1.36 1.52

PC-14
Dip -45 degrees 34.14 38.01 4.69 3.87
Az. 090 degrees 103.27 107.05 1.84 3.78
186.63 194.43 2.20 7.80
196.60 198.33 10.57 1.73
219.61 226.74 1.56 7.13
231.65 244.85 1.79 13.20
248.32 259.08 1.32 10.76

PC-24
Dip -45 degrees 25.91 27.43 1.40 1.52
Az. 085 degrees 38.10 41.15 1.48 3.05

PC-25
Dip -59 degrees 44.20 45.72 3.08 1.52
Az. 053 degrees 76.20 77.72 1.43 1.52
97.17 106.47 1.05 9.30

PC-26
Dip -45 degrees 17.98 19.51 1.11 1.53
Az. 090 degrees 23.77 25.30 1.03 1.53
31.70 34.75 1.64 3.05
43.28 47.24 2.72 3.96
64.01 70.41 1.15 6.40

PC-27(x)
Dip -43 degrees 38.62 71.69 4.17 33.07
Az. 090 degrees

PC-28(x)
Dip -45 degrees 40.51 75.28 2.93 34.77
Az. 087 degrees

(x)Note holes PC-27 and PC-28 were drilled as twins to hole PC-10

Note: Project maps available by clicking the following links:
http://www2.cdn-news.com/database/fax/2000/0722btp1.doc
http://www2.cdn-news.com/database/fax/2000/0722btp2.doc

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

Beartooth Platinum Corporation
Ronald Robertson, P. Geol.
V.P. Exploration
(403) 431-6764
Website: www.beartoothplatinum.com


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