TORONTO, ONTARIO is pleased to announce assay results from the 10,000-foot (3,048-meter) 2007 drilling program at its Stillwater Project in south-central Montana. Gold (Au), Platinum (Pt), Palladium (Pd), and selected Rhodium (Rh) assays have now been received for the 2007 work program (Tables 1 & 2 attached).

- Drilling was conducted at the Iron Mountain & Chrome Mountain Target areas, within the 15 Km soil geochemical anomaly discovered in 2006 (please visit www. beartoothplatinum.com for more details of current and past exploration activities).

- All holes intercepted anomalous Gold + Platinum + Palladium mineralization.

- Iron Mountain drilling intercepted narrow, reef style mineralization similar to the 2006 drilling which intercepted grades reaching 21.72 g/t Gold + Platinum + Palladium over a drill width of 0.55 meters.

- Drilling at Chrome Mountain intercepted bulk mineralization with up to 216.4 meters at 0.5 g/t Gold + Platinum + Palladium

- All 10 Chrome Mountain holes were collared within the central part of the soil geochemical anomaly in this area, and all holes started immediately in mineralization. Several holes terminated in mineralization (Map 1 attached).

Note: To view Figure 1 Map illustrating the large Pt+Pd soil geochemical anomaly associated with the CM Zone of PGM mineralization, and the locations of the 2007 drill holes in the Chrome Mountain area, please view the following link: http://media3.marketwire.com/docs/CMZone.pdf.

- Average intercept at Chrome Mountain is 118.2 meters at a grade of 0.66 g/t Gold + Platinum + Palladium.

- Every Chrome Mountain drill hole contained at least one significant high grade (greater than 1.0 g/t Gold + Platinum + Palladium) intercept.

- Platinum : Palladium ratios average 1:1.4 indicating that the Chrome Mountain target contains relatively more Platinum than the North American average. For example, Stillwater Mining Company's JM reef has a Platinum : Palladium ratio of 1:3.4.

- Rhodium assays for select core returned up to 0.5 g/t Rhodium, but average Rhodium : Platinum ratios are approximately 8:1

- The Chrome Mountain holes were drilled on sections approximately 200 meters apart and tested an area approximately 1000 meters by 400 meters to a depth of 150 meters.

- A large part of the Chrome Mountain target remains untested.

Mike Johnson, President & CEO of Beartooth Platinum Corporation, stated "Quite frankly, we were astonished when the assay numbers started to come back from the Chrome Mountain holes. We realized we were looking at enormous volumes of rocks with elevated Platinum Group Elements (PGE) contents, within which multiple, high grade, Chromitite-associated PGE reefs occur. We clearly anticipated intersecting Chromitite reef-style PGE mineralization, but the scale of the mineralized envelope is beyond all expectations. We are actively refining our models of mineralization, and are currently embarking on another round of detailed trace element analysis to test these theories. The model is a work in progress, but is already providing some predictive capabilities to our exploration efforts. We are anxiously awaiting the opportunity to get back to Stillwater and test some of the areas that we could not reach last year".

Stillwater Geologic Discussion

BTP company geologists now believe that the Chrome Mountain area may represent a zone of active magma influx into the Stillwater chamber, essentially a feeder zone. Because the magmas will have more energy at the point of entry, the sulfides droplets again come into contact with larger amounts of magma, thus scavenging large amounts of PGM. At Chrome Mountain, the broad zones of PGM enrichment reflect the higher energies of magmas entering the chamber from conduits in this area. The very high grade chromitite associated mineralization within the mineralized envelope reflects a periodic culmination of the process in which very high energy magma pulses undergo turbulent interaction with PGM-enriched residual magmas. The fact that multiple high-grade chromitite intervals appear to be present in the Chrome Mountain area may also reflect proximity to entry points for new magmas.

This process of increasing magma energies leading to increasing PGM concentration in sulfides is also believed to be responsible for the high grade PGM mineralization of the Platreef of the Bushveld Complex, the most profitable PGM deposit in the world. Similarly, the interaction between high-energy fresh magma pulses and older, PGM enriched, residual magmas in the Bushveld magma chamber is thought to have produced the high grade PGM deposits of the UG2 chromitite layer.

Other News

The initial hole on the Doornfontein Property in South Africa was stopped at 786 meters due to hole collapse. The hole was terminated within the lowest formation of the Karoo Supergroup -the Eccla Formation shale. No magnetic units were identified in the lithological units encountered in the drill hole, and the Company believes the source of the anomaly lies deeper beneath the Karoo sequence. The drill is provisionally scheduled to return to the property in March to complete a new hole.

For a complete discussion of the developing Stillwater Geologic Model and additional information on the 2007 exploration program, please visit www.beartoothplatinum.com.

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.

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 has reviewed the technical disclosure in this press release. Field work in the Stillwater Complex, Montana, USA, has been performed under Mr Johnson's supervision.

All analytical work is being completed by SGS Mineral Services of Toronto, ON, Canada; and Actlabs, Ancaster, ON, Canada. Both SGS and Actlabs are respected international analytical services which are accredited with NATA and comply with standards of ISO 9001:2000 and ISO 17025:1999. They employ a variety of international standards for quality control purposes.

Samples are transported from the project area to the SGS sample preparation facility in Elko, Nevada by FedEx. The samples are dried and pulverized at this facility and an assay split is sent to the SGS facility in Toronto, ON, Canada. All analytical testing is performed utilizing a variety of industry standard analytical techniques, including: (i) SGS Analytical Code 37350, FAI313 Gold, platinum and palladium by fire assay lead collection, (ii) SGS Analytical Code 37339, ICP90A Sodium Peroxide Fusion / ICP-OES. All core drill samples were geologically logged and sampled by BTP's geologists in various sample lengths, depending on the geology. The core was then split using a diamond tipped core saw, with one half sent for assay and the other half retained and securely stored at BTP's facility in Nye, Montana, USA. The Company has initiated a QA/QC program consisting of utilizing standards, duplicate and blank samples and laboratory cross-checks and routinely repeats sample analysis.

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 Catarina@chfir.com Please specify "Beartooth press releases" in the subject box.

Forward Looking Information

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.

Table 1: Selected assay results from 2007 drill holes in the Chrome Mountain and Iron Mountain West areas, Stillwater Project. Intersection intervals represent apparent widths. Holes were drilled at inclinations of -45 degrees. Mapping in the areas indicates stratigraphic units are dipping vertically. Au equals Gold, Pt equals Platinum, Pd equals Palladium, ppb equals parts per billion (1000 ppb equals 1 gram per tonne). Intercepts greater than 1.0 g/t in Bold


2007 Chrome Mountain Drill Holes
                          Inter-   Inter-                    Au+Pt
Hole Number  From     To    val      val    Au    Pt     Pd     +Pd   Pt/Pd
            (feet) (feet) (feet) (meters) (ppb) (ppb)  (ppb)   (g/t)
CM2007-01      26    426    400    121.9     9   269    236   0.513    1.14
   includes    50     54      4      1.2     6  1660    818   2.484    2.03
   includes    78     79      1      0.3   108   940   3880   4.928    0.24
   includes   198    200      2      0.6    41  1460   1360   2.861    1.07
   includes   205    206      1      0.3    33   590   2510   3.133    0.24
   includes   242    243      1      0.3    42   430   1800   2.272    0.24
   includes   390    398      8      2.4    26   600    457   1.083    1.31

CM2007-02      44    359    315     96.0    31   368    562   0.961    0.65
   includes    79    243    164     50.0    56   493    919   1.468    0.54
   includes   127    187     60     18.3   108   724   1585   2.418    0.46
   includes   139    140      1      0.3   172  1800   2970   4.942    0.61
   includes   150    151      1      0.3   226  2300   5390   7.916    0.43
   includes   219    220      1      0.3    97  1550   2040   3.687    0.76

CM2007-03       0    156    156     47.5   127   306    441   0.873    0.69
   includes    34    138    104     31.7   133   359    519   1.011    0.69
   includes   133    137      4      1.2   173  1170   1382   2.725    0.85
Hole abandoned @ 156'

CM2007-04       5    764    759    231.3    55   271    371   0.696    0.73
   includes     5    388    383    116.7    94   361    568   1.022    0.64
   includes     5     62     57     17.4   146   398    520   1.065    0.76
   includes    71     73      2      0.6    76   650    786   1.511    0.83
   includes   146    147      1      0.3   152  2130   5330   7.612    0.40
   includes   255    256      1      0.3   397  1650   4460   6.507    0.37
   includes   289    290      1      0.3   749  4370   6790  11.909    0.64
   includes   304    308      4      1.2   249  1430   3160   4.839    0.45
   includes   356    372     16      4.9   168   483    316   0.966    1.53
   includes   580    584      4      1.2   106  2880   3270   6.256    0.88

CM2007-05     212    679    467    142.3    49   172    288   0.509    0.60
   includes   309    321     12      3.7   134   470    542   1.147    0.87
   includes   400    406      6      1.8    97   290   1123    1.51    0.26
   includes   546    554      8      2.4   144   396    746   1.285    0.53
   includes   638    646      8      2.4    12   420   1045   1.477    0.40

CM2007-06      29    284    255     77.7    75   211    262   0.549    0.81
   includes    29     48     19      5.8    64   305   1107   1.476    0.28
   includes    36     37      1      0.3   181  1080   4730   5.991    0.23
   includes    72     76      4      1.2    47   420    817   1.284    0.51
   includes   156    204     48     14.6   143   389    260   0.792    1.50

CM2007-07       5    715    710    216.4    53   158    324   0.534    0.49
   includes   116    120      4      1.2    41   290   1390   1.721    0.21
   includes   142    146      4      1.2    67   550   1560   2.177    0.35
   includes   174    182      8      2.4   114   275    853   1.241    0.32
   includes   224    236     12      3.7   103   348   1486   1.938    0.23
   includes   224    230      6      1.8   133   517   2303   2.953    0.22
   includes   254    262      8      2.4    56   323    942    1.32    0.34
   includes   270    272      2      0.6    98   260    758   1.116    0.34
   includes   282    286      4      1.2   233   610    690   1.533    0.88
   includes   488    518     30      9.1    88   181    342   0.611    0.53
   includes   536    542      6      1.8   107   355    739   1.202    0.48
   includes   546    566     20      6.1   113   521   1700   2.333    0.31
   includes   554    555      1      0.3   179  1090   4240   5.509    0.26
   includes   611    623     12      3.7    77   273    822   1.172    0.33
   includes   651    667     16      4.9   156   453    990   1.598    0.46

CM2007-08     130    540    410    125.0    95   280    379   0.754    0.74
   includes   130    155     25      7.6   147   465    616   1.228    0.75
   includes   141    142      1      0.3   319  1340   1590   3.249    0.84
   includes   283    326     43     13.1   105   380    621   1.106    0.61
   includes   302    306      4      1.2   126   660   1260   2.046    0.52
   includes   342    472    130     39.6   123   392    566   1.081    0.69
   includes 421.5  422.1    0.6      0.2    90  2030   4250    6.37    0.48

CM2007-09      12     75     63     19.2   104   366    596   1.066    0.61
   includes    27     47     20      6.1   211   410    899    1.52    0.46
   includes    43     47      4      1.2   228   730   1980   2.938    0.37
   includes    51     75     24      7.3    60   480    628   1.168    0.76
Hole abandoned @ 75'                                                      0

CM2007-10      11    355    344    104.9    50   265    371   0.686    0.72
   includes    35     58     23      7.0   133   457    924   1.514    0.49
   includes    52     58      6      1.8   181   847   1982   3.009    0.43
   includes    67    127     60     18.3    57   389    507   0.953    0.77
   includes    83     87      4      1.2    71   940   1280   2.291    0.73
   includes   131    147     16      4.9    30   600    771   1.401    0.78
   includes   191    207     16      4.9    12   320    499   0.831    0.64
   includes   303    343     40     12.2    85   383    525   0.993    0.73


2007 Iron Mountain West Drill Holes
                          Inter-   Inter-                    Au+Pt
Hole Number  From     To    val      val    Au    Pt     Pd     +Pd   Pt/Pd
            (feet) (feet) (feet) (meters) (ppb) (ppb)  (ppb)   (g/t)
IM2007-01     216    228     12      3.7    30   147    569   0.746    0.26
              567    574      7      2.1   173   159    480   0.812    0.33
              654    662      8      2.4   241   405    441   1.087    0.92
              866    878     12      3.7    42   207    350   0.599    0.59
             1024   1052     28      8.5    61   221    372   0.654    0.60
             1104   1116     12      3.7    54   220    842   1.116    0.26

IM2007-02     446    450      4      1.2    43   430    594   1.067    0.72

IM2007-03     181    200     19      5.8    31   114    458   0.602    0.25
              228    240     12      3.7    37   130    463   0.629    0.28
              284    303     19      5.8    40   272    421   0.733    0.65


Table 2. Full suite PGM analysis for selected samples from the 2007
drilling program. Analyses were completed by Actlabs using NiS collection
NAA. (ppb equals parts per billion); Os equals Osmium, Ir equals
Iridium, Ru equals Ruthenium, Rh equals Rhodium, Re equals Rhenium)

----------------------------------------------------------------------------
                Os   Ir     Ru            Rh   Pt   Pd    Au             Re
----------------------------------------------------------------------------

Sample         ppb  ppb    ppb           ppb  ppb  ppb   ppb            ppb
----------------------------------------------------------------------------
146830 less than 2 10.1      8          29.4  396  695   103    less than 5
----------------------------------------------------------------------------
146831 less than 2  6.3      9 less than 0.2  176  220   107    less than 5
----------------------------------------------------------------------------
146832 less than 2  6.6      9 less than 0.2  286  492  73.9    less than 5
----------------------------------------------------------------------------
146834          15 18.1     16 less than 0.2  748 1660   201    less than 5
----------------------------------------------------------------------------
146835          18  8.9      7          42.4  594 1400   133    less than 5
----------------------------------------------------------------------------
                        less
146836 less than 2  5.9 than 5          22.8  561 1570  52.5    less than 5
----------------------------------------------------------------------------
146844          18 42.3     44           149 2120 6140   134    less than 5
----------------------------------------------------------------------------
146857 less than 2 30.5     36           113  671 2480   241    less than 5
----------------------------------------------------------------------------
146858 less than 2 23.3     28           125  605 1850   134    less than 5
----------------------------------------------------------------------------
146886          21 25.9     29          96.3 1160 3970   295    less than 5
----------------------------------------------------------------------------
146891 less than 2 10.4     22 less than 0.2  561 1320   295    less than 5
----------------------------------------------------------------------------
146896          54 12.9     29 less than 0.2  253  564   268    less than 5
----------------------------------------------------------------------------
146897 less than 2 12.7     25            25  462 1250   241    less than 5
----------------------------------------------------------------------------
146898          39 18.1     29          88.5  517 2180   349    less than 5
----------------------------------------------------------------------------
146903 less than 2  4.1      7 less than 0.2  275  276   121    less than 5
----------------------------------------------------------------------------
146904 less than 2  5.4      9 less than 0.2  176  427   174    less than 5
----------------------------------------------------------------------------
146905 less than 2  9.2     13 less than 0.2  451 1060   268    less than 5
----------------------------------------------------------------------------
146906 less than 2  2.8      6 less than 0.2   88  324  57.8    less than 5
----------------------------------------------------------------------------
146907 less than 2  7.5      7 less than 0.2  308  720  57.8    less than 5
----------------------------------------------------------------------------
146908          69  110    140           416 2530 7760   255    less than 5
----------------------------------------------------------------------------
146909 less than 2  6.8      7 less than 0.2  209 1050  76.6    less than 5
----------------------------------------------------------------------------
146910 less than 2 10.6     11          64.8  352 1360   134    less than 5
----------------------------------------------------------------------------
146911 less than 2 30.5     35           156 1180 3430   188    less than 5
----------------------------------------------------------------------------
146917 less than 2 12.9     12            67 1130 3060   174    less than 5
----------------------------------------------------------------------------
146987 less than 2  6.6      6 less than 0.2  308 2830   147    less than 5
----------------------------------------------------------------------------
146988 less than 2  8.7      8          54.7  473  516  30.8    less than 5
----------------------------------------------------------------------------
146989          18 25.9     18           111 1990 2540  64.3    less than 5
----------------------------------------------------------------------------
146996          21 25.9     36           128  429  294   129    less than 5
----------------------------------------------------------------------------
147048          15 23.5     30           150  528  456  24.1    less than 5
----------------------------------------------------------------------------
147051          30 68.2     48           507  825  449  24.1    less than 5
----------------------------------------------------------------------------

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 Beartooth Platinum Corporation Dave Meyer Vice President, Corporate Development (416) 861-5891 Email: info@beartoothplatinum.com Website: www.beartoothplatinum.com CHF Investor Relations Jeanny So (416) 868-1079, Ext 225 Email: jeanny@chfir.com

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