1. Limited portfolio - Sun Peak Metals Corp has a limited portfolio of assets compared to its peers, which may limit its growth potential.

2. Lack of diversification - The company's focus on gold and silver exploration and development may leave it vulnerable to fluctuations in commodity prices.

3. Limited financial resources - Sun Peak Metals Corp may face challenges in raising sufficient capital to fund its exploration and development activities, which could impact its ability to compete with larger peers.

4. Limited operational experience - The company's management team may have limited experience in operating and managing mining projects, which could impact its ability to execute on its strategy effectively.

5. Geographic concentration - Sun Peak Metals Corp's assets are primarily located in North America, which may limit its exposure to other potentially lucrative mining regions around the world.

6. Regulatory risks - The mining industry is subject to a range of regulatory risks, including environmental and social regulations, which could impact the company's ability to operate its projects and generate returns for shareholders.

7. Exploration risks - The success of the company's exploration activities is uncertain and may not result in the discovery of economically viable mineral deposits, which could impact its ability to generate revenue and profits.