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Here's Why This 'Super Junior Miner' Rocketed 24% on Monday

Shares of Northern Graphite Corp. (TSX: NGC / OTC: NGPHF) soared 24.3% Monday after the Toronto-based company said Canada's Ministry of Northern Development and Mines (MNDM) had finally granted it the mining lease for its long-discussed Bissett Creek project.

This effectively means that Northern Graphite can start construction, subject to the availability of financing. The company's shares surged another 3.5% yesterday.

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