1. Limited geographical presence: Alliance Mining Corp operates primarily in Canada, which limits its exposure to other potentially lucrative mining markets around the world.

2. Smaller scale operations: Compared to some of its peers, Alliance Mining Corp is a relatively small company with limited resources and a smaller portfolio of mining projects.

3. Lack of diversification: The company's focus on gold and silver mining means that it is heavily reliant on the performance of these commodities, which can be volatile and subject to fluctuations in demand and pricing.

4. Limited track record: Alliance Mining Corp is a relatively new company, having been founded in 2017, which means that it has a limited track record of success and may be viewed as a riskier investment compared to more established mining companies.

5. Higher risk profile: The company's focus on exploration and development of new mining projects means that it is inherently riskier than companies that are primarily focused on production and have a more established revenue stream.

6. Limited financial resources: Alliance Mining Corp has a relatively small market capitalization and may struggle to raise the necessary capital to fund its exploration and development activities, which could limit its growth potential.