Beartooth Platinum (TSX VENTURE:BTP) is pleased to announce that it has received
United States Forest Service (USFS) approval for the proposed drilling on the
joint venture property held by Beartooth and Premium Exploration Inc., (TSX
VENTURE:PEM), located on the Stillwater Complex, south central Montana, USA.


The 2008 drilling is designed to further delineate the zone of mineralization
encountered by last year's drill program (Please see news release dated February
29th, 2008).


The 2008 drill program will be located in the Chrome Mountain target, located on
the north-western portion of the Stillwater Complex in Sweet Grass County, in
the Gallatin National Forest. The program will consist of 10 to 15 NQ Core
holes, totaling approximately 10,000 feet. The 2008 drill program is designed to
follow up the successful 2007 drill program.


The 2007 drilling encountered high-grade reef-style mineralization that
Beartooth management believes is associated with chromitite layers occurring
within a much thicker envelope of PGM enrichment. For example, in drill hole
CM2007-02, chromitite-associated mineralization reaches grades of 7.9 g/t
Au+Pt+Pd over a drill width of 0.3 meters. The chromitite reef is enclosed by a
halo of mineralization grading 1.5 g/t Au+Pt+Pd over a drill width of 50.0
meters. Similarly, chromitite associated mineralization in hole CM2007-04
reaches grades of 11.9 g/t Au+Pt+Pd over 0.3 meters, within a mineralized halo
grading 1.0 g/t Au+Pt+Pd over 116.7 meters. Interestingly, high grade,
chromitite associated PGM mineralization occurs at multiple locations within the
PGM-enriched halo. Five such intervals occur in hole CM2007-04. (see the
February News Release for interval details as documented in Table), with the
individual intervals having Au+Pt+Pd grades of 7.6 g/t over 0.3 meters, 6.5 g/t
over 0.3 meters, 11.9 g/t over 0.3 meters, 4.8 g/t over 1.2 meters, and 6.3 g/t
over 1.2 meters.


The drilling only tested a small portion (approximately 30%) of the large
geochemical anomaly discovered in 2006. The geochemical anomaly is 15 kilometers
in length, but broadens dramatically to 800 meters near Chrome Mountain. All ten
of the 2007 Chrome Mountain drill holes were collared within the central part of
the soil geochemical anomaly in this area, and all holes started immediately in
mineralization and several holes terminated in mineralization. Average intercept
at Chrome Mountain is 118.2 meters at a grade of 0.66 g/t Gold +Platinum +
Palladium, with platinum: palladium ratios averaging 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


At Chrome Mountain, the broad zones of PGM enrichment may reflect the higher
energies of magmas entering the chamber from conduits (feeder zones) in this
area. Because the magmas will have more energy at the point of entry, the
sulfides droplets come into contact with larger amounts of magma, thus
scavenging large amounts of PGM. 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.


The very high grade chromitite associated mineralization within the mineralized
envelope at Chrome Mountain 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 this area may also reflect proximity to entry
points for new magmas. The lithology is also disrupted and lacks continuity
between drill holes indicating turbulent conditions during crystallization.
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.


A large part of the Chrome Mountain target remains untested and the 2008 drill
program will delineate the mineralization encountered last year and will also
test additional geochemical and geophysical anomalies located on the Chrome
Mountain target.


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 was 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.


Additional information about the Company and its properties is available on the
Company's website at www.beartoothplatinum.com.


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.


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