VVC Exploration - Default Status Report

(V7S: FSE / BBSE) ("VVC" or the "Company") reports that further to the
Company's notice of default contained in its news release of June 4, 2007 (the
"Notice of Default") the following is the Company's bi-weekly default status
report pursuant to Appendix B of CSA Policy 57-301:

      The Company hereby confirms that there have been no changes regarding
      the information provided in the Company's Notice of Default. The
      Company is continuing to work with its auditors to complete the audit
      and file the financial statements as soon as possible. Any new
      developments will be announced on a timely basis and the Company will
      continue to provide bi-weekly updates, as contemplated by the OSC

    About VVC:

    VVC Exploration Corporation is a Canadian exploration company with
projects in Canada. VVC also has an indirect participation in the Beaver Brook
Antimony Mine in Newfoundland, Canada. VVC is also aggressively searching for
other projects such as Gold, Base metal, Uranium and Antimony at various
stages of development. Visit our website at www.vvcexploration.com.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this news release.

                                      On Behalf of the board of Directors


                                      Michel J. Lafrance, Secretary-Treasurer

For further information:

For further information: Charles Descary, Manager, Investor Relations,
(514) 631-2727, 1-877-558-2727, ext 222, charles@vvcexploration.com

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