Piper Resources Ltd. Issues Default Status Report

    CALGARY, July 3 /CNW/ - Piper Resources Ltd. ("Piper" or the "Company")
reports that further to the Company's Notice of Default contained in the news
release on May 21, 2008 and the Company's Default Status Reports contained in
the news release dated May 29, 2008 and June 16, 2008, the following is the
Company's bi-weekly default status report pursuant to Appendix B of the
Canadian Securities Administrators Staff Notice 57-301:

    There are no changes otherwise required to be disclosed in the Company's
bi-weekly default status report.

For further information:

For further information: Piper Resources Ltd., Greg Cave, President,
Tel:  (403) 718-2301

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