I am surprised no one has mentioned that the tang is skelletonized rather close to the ricasso. We all say knives shouldn't be pry bars, but, 3/16 stock looks like it could be, and it looks like an outdoor survival type knife, and someone is going to wallop on it to spit wood. Back when Spyderco did their first run of Bushcraft knives some fool went and tried to hammer one through a nasty twisty, seasoned bit of (I think) oak. I don't consider battoning to cut wood or split fire wood to be abuse, when done right, but I thought what he did was dumb. Anyway, he thought that a bushcraft knife should do that and the knife broke, under the handle scales! That was a bit of the design that I hadn't seen, lightening holes had been drilled in the tang, and one was close up where the index finger would curl around. That is where the blade broke. Admittedly it was all one hardness, and quite hard at that, but if I were doing a design that would be repeated (like yours), I would fill in the first hole before the first handle pin. I might also have bigger fillets where the legs support the first hole, flowing back into that second hole.
I like hidden tangs, I don't subscribe to the view that you need a full tang for strength, but good hidden tangs of this sort of size would have at least 1/2 inch of tang at the end of the handle, or more like 5/8 or even 3/4 for a 1" deep handle. It doesn't look like you have that much steel total.
For light weight, yeah, thinner stock is better. Handle material makes a big difference too. Wood is a lot lighter than micarta, and Micarta is a lot lighter than G10.
Best of luck!
Chris