Beartooth Platinum Announces Results From Its 2008 Drilling at the Stillwater Project, Montana, USA

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.
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