1. Limited Resource Base - Xplore Resources Corp has a relatively small resource base compared to its peers, which limits its ability to compete in terms of production and revenue generation.

2. Lack of Diversification - The company's focus on gold exploration and development limits its diversification opportunities, which could leave it vulnerable to market fluctuations and changes in demand.

3. Limited Market Presence - Xplore Resources Corp has a relatively small market presence compared to its peers, which could limit its ability to attract investors and secure financing for future projects.

4. High Risk Profile - The company's focus on exploration and development of new projects carries a high level of risk, which could deter investors and limit its ability to secure financing.

5. Limited Financial Resources - Xplore Resources Corp has limited financial resources compared to its peers, which could limit its ability to invest in new projects and expand its operations.

6. Limited Operational Experience - The company has limited operational experience compared to its peers, which could limit its ability to efficiently manage its projects and operations.

7. Limited Access to Infrastructure - Xplore Resources Corp operates in remote areas with limited access to infrastructure, which could increase its operating costs and limit its ability to efficiently transport and process its products.