Beartooth Platinum Corporation (TSX VENTURE: BTP) is pleased to announce the final results from its 2008 drilling program at its Stillwater Project, located in South Central Montana, USA.

Three core holes were drilled in the Iron Mountain Target Area (IM) and nine core holes were drilled on the Chrome Mountain Target Area (CM). Part of the Chrome Mountain Target Area is within a joint-venture agreement with Premium Exploration Inc. The properties are adjacent to Stillwater Mining Company's Stillwater Mine, which produces platinum and palladium from its 28 kilometer long, plus or minus 1 meter wide, JM Reef.

The core holes focused on possible continuation of the 15 kilometer long "B" Chromitite Reef, identified by surface geology, soil geochemistry and previous drilling (core hole IM2006-02 intercepted 0.9 meters of 17.425 g/t, combined Gold (Au), Platinum (Pt) and Palladium (Pd) mineralization).

The following is a summary of 2008 Drilling Results at the Stillwater Project:


Drill Hole    From    To  Int (1)      Au     Pt     Pd          Au+Pt+Pd
                 m     m       m      g/t    g/t    g/t               g/t
IM2008-01     35.6  38.4     2.8    0.229  0.183  0.441             0.853
    Incl:     41.2  43.6     2.4    0.508  0.391  0.526             1.425
              66.4  66.8     0.4    0.492  0.167  3.957             4.616
IM2008-02    105.6 106.4     0.8    0.030  0.349  0.660             1.038
IM2008-03     60.8  62.4     1.6    0.040  0.191  0.791             1.021

CM2008-01     52.4  54.0     1.6    0.596  0.238  0.579             1.413
             119.6 124.4     4.8    0.078  0.478  0.893             1.449
             158.0 159.6     1.6    0.066  0.328  0.893             1.287
             156.4 174.0    17.6    0.043  0.392  0.613             1.047
             178.8 186.8     8.0    0.045  0.692  0.582             1.318
CM2008-02     46.8  47.2     0.4    0.108  0.550  0.469             1.127
CM2008-03     66.4  67.6     1.2    0.093  1.266  0.560             1.919
             171.2 172.8     1.6    0.053  0.304  0.672             1.029
CM2008-04                                                 less than 0.500
CM2008-05                                                 less than 0.500
CM2008-06     31.4  34.4     3.0    0.090  0.447  0.812             1.269
              87.6  89.2     1.6       Tr  0.586  0.192             0.781
CM2008-07     20.8  22.4     1.6    0.041  0.414  1.489             1.944
CM2008-08      6.0  10.2     4.2    0.025  0.366  0.514             0.905
              22.4  40.0    17.6    0.051  0.378  0.655             1.084
              49.6  62.0    12.4    0.010  0.464  0.546             1.020
              65.2  66.8     1.6       Tr  0.713  0.323             1.039
CM2008-09                                                 less than 0.500
Note: (1) Does not represent true widths, and relationship to true widths
has not been determined.

Beartooth believes that the core drill results show the potential extent of the mineralization associated with the "B" Chromitite horizon.

Update on Business Combination with Kria Resources

Beartooth and Kria Resources Inc. ("Kria") continue to work together to finish preparations of the Beartooth management information circular relating to the proposed business combination of Beartooth and Kria. Beartooth expects to hold the shareholders' meeting in or about the middle of March. The exact date will be announced once it has been established.

The cash position of Beartooth is a significant concern of the company. Given the global financial and economic turmoil, it has been increasingly difficult for early-stage exploration companies to raise required financing. In this context, management of Beartooth believes that a business combination with Kria offers the best opportunity for the company to continue as a going concern. Kria Resources is expected to announce a NI 43-101 compliant mineral resource estimate for the Halfmile Lake and Stratmat property in New Brunswick, Canada. Kria plans to initiate a preliminary economic evaluation (scoping study) on the Halfmile Lake and Stratmat properties in January 2009.

About Beartooth Platinum

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.

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

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 scientific and 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 Acme Analytical Laboratories of Vancouver, BC. Acme Lab is a international analytical service that is 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 Acme sample preparation facility in Vancouver, BC. by FedEx. All analytical testing is performed utilizing Acme Analytical Code 3B, Fire assay fusion for gold, platinum and palladium by fire assay lead collection. 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 as 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.

This document may contain or refer to forward looking information, which is based on current expectations and understandings of management, including, but not limited to, mineralization projections, estimates regarding the geology of the Company's properties, timing of future exploration activities, the impact and desirability of additional work on the properties, the planned progress of the program, the terms of the proposed business combination and the timing thereof. Forward-looking information is subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. This forward-looking information is made as of the date hereof and Beartooth assumes no responsibility to update or revise them to reflect new events or circumstances.

This communication does not constitute an offer to purchase or exchange or the solicitation of an offer to sell or exchange any securities of Kria or an offer to sell or exchange or the solicitation of an offer to buy or exchange any securities of Beartooth, nor shall there be any sale or exchange of securities in any jurisdiction (including the United States) in which such offer, solicitation or sale or exchange would be unlawful prior to the registration or qualification under the laws of such jurisdiction. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. The solicitation of offers to buy Beartooth shares in the United States will only be made pursuant to a prospectus and related offer materials that Beartooth expects to send to holders of Kria securities, subject to the requirements of applicable law. The Beartooth shares may not be sold, nor may offers to buy be accepted, in the United States prior to the time the registration statement (if any is filed) becomes effective or an exemption from such requirements is available. No offering of securities shall be made in the United States except (i) by means of a prospectus meeting the requirements of Section 10 of the United States Securities Act of 1933, as amended, which would contain detailed information regarding Beartooth and its management, as well as its financial statements, or (ii) pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

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 or info@beartoothplatinum.com Website: www.beartoothplatinum.com

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