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Bastion Minerals (ASX:BMO) is the latest nanocap to get into copper, but its timing could be star-crossed. The company is to pick up three “high-grade assets including the ICE copper-gold deposit … and Mariner and Harley copper projects.” The company reported one historical drill hit of 20.56m @ 5.2% copper – eye-catching, to be sure – and a historical resource of 5Mt of ore at 1.5% copper. There’s more than one issue. The first is that a competent person has not done any work on any of these metrics; Bastion was forced to lead with that observation in its announcement today. That didn’t rattl…

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