1. Limited exploration and production experience - Provenance Gold 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 profitable mining projects.

2. Small market capitalization - Provenance Gold Corp has a small market capitalization compared to its peers, which may limit its ability to attract investment and finance exploration and development projects.

3. Limited financial resources - The company has limited financial resources, which may limit its ability to fund exploration and development projects. This may also limit the company's ability to compete with larger mining companies in acquiring and developing mining projects.

4. Limited geographic diversification - Provenance Gold Corp's operations are primarily focused in North America, which may limit its ability to diversify its operations and reduce its exposure to regional risks.

5. Limited portfolio of mining projects - The company has a limited portfolio of mining projects compared to its peers, which may limit its ability to generate revenue and profits.

6. Dependence on commodity prices - Provenance Gold Corp's financial performance is highly dependent on commodity prices, which can be volatile and unpredictable. This may impact the company's ability to generate consistent revenue and profits.

7. Regulatory and environmental risks - The mining industry is subject to a range of regulatory and environmental risks, which may impact the company's ability to operate and develop mining projects. Provenance Gold Corp may face challenges in obtaining permits and complying with regulations, which may impact its operations and financial performance.