Kat Exploration, Inc. (OTC: KATX) is a junior mining company that pursues small-scale mineral exploration through a joint venture with GS Mining operating in Colorado. The company has generated no disclosed revenue and reported a net loss of $179,537 for the fiscal year ended November 30, 2024, with an accumulated deficit of $2,911,380 as of that date. Incorporated in Nevada on July 7, 1992 under the name Select Media Communications, Inc., the company has operated under several names before adopting its current identity. Gregory Klok serves as sole employee, Chief Executive Officer, and Chief Financial Officer. The auditor's report issued April 22, 2025 includes a going-concern qualification, noting continued losses and dependence on stockholder financial support for survival. The company competes with other small-scale mining operators and junior mining companies in Colorado.

Revenue model

No revenue disclosed in the 10-K filed 2025-04-30 for fiscal year ended November 30, 2024. The company is pre-revenue at this stage, relying on stockholder support to fund operations.

Products and services

Mineral exploration through a joint venture with GS Mining in Colorado. No specific minerals or extraction products are named in the filing excerpts.

Customers and end markets

No customers or end markets are disclosed in the filing excerpts.

Value-chain role

Junior mining explorer. The company identifies and pursues mineral exploration transactions rather than operating producing mines.

Geographic exposure

Colorado, United States. Incorporated in Nevada.

Competitors

Small-scale mining operations in Colorado, Junior mining companies in Colorado

Source: SEC 10-K, filed 2025-04-30

Industry: Gold and Silver Ores Peers: Teck Resources Ltd