1. Limited Market Presence: International Iconic Gold Exploration Corp has a limited market presence compared to its peers, which may limit its ability to attract investors and secure funding for its projects.

2. Limited Resources: The company has limited financial and human resources compared to its peers, which may limit its ability to explore and develop new projects.

3. Lack of Diversification: International Iconic Gold Exploration Corp is primarily focused on gold exploration, which may limit its ability to diversify its portfolio and mitigate risks associated with fluctuations in gold prices.

4. Dependence on External Factors: The company's success is heavily dependent on external factors such as commodity prices, government regulations, and geopolitical risks, which may be beyond its control.

5. Limited Track Record: International Iconic Gold Exploration Corp has a limited track record compared to its peers, which may make it difficult to attract investors and secure funding for its projects.

6. High Risk: The exploration and development of gold projects are inherently high-risk activities, and International Iconic Gold Exploration Corp may face significant challenges in identifying and developing economically viable projects.

7. Limited Geographic Presence: The company's operations are primarily focused on Canada, which may limit its ability to access new markets and diversify its portfolio.