1. Limited exploration and production experience - Zacatecas Silver Corp is a relatively new company with limited experience in exploration and production compared to its peers. This lack of experience may limit the company's ability to identify and develop high-quality mineral deposits.
2. Small market capitalization - The company has a small market capitalization compared to its peers, which may limit its ability to attract investment and finance its operations.
3. Limited geographical diversification - Zacatecas Silver Corp's operations are focused on Mexico, which may limit its ability to diversify its operations and reduce its exposure to country-specific risks.
4. Dependence on a single project - The company's operations are primarily focused on the Panuco project, which may increase its exposure to project-specific risks and limit its ability to generate revenue from other sources.
5. Limited financial resources - The company has limited financial resources compared to its peers, which may limit its ability to invest in exploration and development activities and compete effectively in the market.
6. Limited track record - Zacatecas Silver Corp has a limited track record of success in the mining industry, which may limit its ability to attract investors and partners and compete effectively with more established players in the market.