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To: Rocket Red who wrote (9734)	10/11/2002 11:46:32 AM
From: Al Collard	Read Replies (2) \| Respond to of 11802

Beartooth extends PGM zone in 2002 drill program Beartooth Platinum Corp BTP Shares issued 44,021,930 Oct 10 close $0.19 Fri 11 Oct 2002 News Release Mr. John Andrews reports BEARTOOTH PLATINUM DRILLING EXTENDS PGM ZONE, DRILLING TO COM ... Beartooth has released the results from drill holes nine through 14 in phase I of the 2002 drill program. The six holes from the last two drill set-up locations encountered additional and higher-grade PGM (platinum group metal) values than the first eight holes and confirmed that the PGM grades increase to the northwest in the direction of the VEZ horizon. The highest values to date (7.818 grams per tonne of platinum + palladium + rhodium + gold) are associated with disseminated and massive chromite horizons, and carry significant rhodium values up to 0.534 gram per tonne. Drill hole 12, located on the most northwesterly section, intersected 35.66 metres grading greater than one gram per tonne, including 2.75 metres of 4.3 grams per tonne. Phase II drilling is scheduled to commence next week on the Iron Mountain property. The first sites to be occupied are located on the VEZ signature north of the current drilling in an area of elevated PGM values in soil samples. The program has delineated a zone of substantial PGM mineralization in an area of extensive faulting and structural preparation. All of the core recovered has been assayed and 52 per cent of the assays returned values in excess of 0.1 of a gram per tonne. The drilling confirms that the airborne geophysics, follow-up ground-based geophysics and soil sampling are very effective at locating areas that have the potential to host PGM values. The drilling to date has only tested approximately 50 metres of strike of an open-ended 300-metre-by-120-metre soil and outcrop anomaly, which appears to be related to a feeder fault to the VEZ. The core was split at the company's facility in Nye, Mont., and the samples were shipped to Chemex laboratories for fire assay at its facility located in Vancouver, B.C. The qualified person on the project is Wilf Struck, vice-president and chief operating officer of Beartooth Platinum. Mr. Struck has a bachelor of applied science in geological engineering from the University of British Columbia. Mr. Struck has worked in the exploration and mining business since 1979, and is a registered professional engineer in the province of British Columbia and the state of Idaho. Reproducibility of assay results for samples with elevated chromite content can be difficult using traditional fire assay methods with lead collection. Accordingly, the company has selected a number of samples for additional analysis using nickel sulphide collection. This procedure, although more expensive than traditional methods, will report all six PGMs and provides good reproducibility of PGM values in ores with a high chromite content. The additional testwork is being conducted at the recommendation of and in collaboration with the company's newest director, Dr. Reid Keays. Dr. Keays is an expert in the geochemical analysis of PGM mineralization and has global experience on PGM deposits. The samples are currently being selected and prepared for shipment with results expected in approximately four weeks. The details of the significant intercepts are listed in the table below: Drill hole From To Width Grade (m) (m) (m) (g/t)* IM2002-03 37.22 37.73 0.51 1.248 IM2002-04 0.00 3.60 3.60 0.615 IM2002-04 5.09 6.40 1.31 0.660 IM2002-04 9.27 18.62 9.35 0.956 IM2002-04 43.49 44.20 0.71 0.799 IM2002-05 0.00 4.88 4.88 0.971 incl. 2.90 4.88 1.98 1.458 IM2002-05 31.70 32.25 0.55 1.008 IM2002-06 2.65 4.48 1.83 2.213 IM2002-06 13.44 14.33 0.89 0.860 IM2002-07 0.00 7.07 7.07 4.228 IM2002-07 41.39 41.76 0.37 0.689 IM2002-08 9.24 16.86 7.62 1.420 incl. 9.24 10.97 1.73 3.946 incl. 13.44 14.45 1.01 1.413 IM2002-08 37.52 39.08 1.56 0.664 IM2002-08 74.58 75.96 1.38 1.182 IM2002-09 5.09 6.64 1.55 0.919 IM2002-09 32.13 35.42 3.29 1.790 IM2002-10 4.97 5.70 0.73 0.918 IM2002-10 11.80 13.35 1.55 0.641 IM2002-10 23.65 25.21 1.56 0.696 IM2002-11 11.37 12.95 1.58 0.900 IM2002-12 51.18 86.84 35.66 1.061 incl. 51.18 52.85 1.67 1.975 incl. 53.71 54.22 0.51 1.401 incl. 64.10 64.59 0.49 1.814 incl. 65.53 68.28 2.75 4.307 incl. 79.61 79.98 0.37 1.454 incl. 82.36 84.83 2.47 1.598 IM2002-13 7.25 8.44 1.19 0.698 IM2002-13 23.10 24.14 1.04 0.720 IM2002-13 27.40 27.86 0.46 1.580 IM2002-13 43.74 44.10 0.36 0.611 IM2002-14 36.70 42.37 5.67 1.318 incl. 40.66 42.37 1.71 2.787 *Platinum + palladium + rhodium + gold Diane Garrett has accepted the position of president and chief executive officer of Romarco Minerals, Inc., effective Oct. 11, 2002. Ms. Garrett has been a board member of Romarco since 1999 and was recently approached by current management and certain shareholder groups to assume this position. Ms. Garrett will continue to work in a reduced capacity for Beartooth Platinum. Any questions regarding the drilling program should be directed to John Andrews, president and chief executive officer, or Diane Garrett, vice-president, corporate development.