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  South Timmins Miing Joint-Venture TORONTO, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Platinex Inc. ("Platinex" or the "Company") (CSE:PTX) is pleased to announce that it has entered into a binding heads of agreement dated February 6, 2023 with Fancamp Exploration Ltd. ("Fancamp") (TSXV: FNC) with respect to advancing the exploration and development of certain gold mineral properties owned by the parties located in Ontario in the Timmins mining  camp (the "Transaction") (see attached map). The Transaction includes several components, pursuant to which (i) Platinex and Fancamp will transfer certain mining properties which they currently hold to South Timmins Mining Inc. ("Goldco"), currently a 100% wholly owned subsidiary of Platinex; (ii) enter into a  shareholders' agreement respecting the operations of Goldco; (iii) Platinex will conduct a non-brokered private placement of flow- through units; and (iv) Platinex will conduct a private pl...

  In earlier studies,  we discovered the black holes with the most voracious appetite. Last year, we found a black hole that eats an Earth's-worth of stuff every second. In 2018, we found one that eats a whole sun every 48 hours. But we have lots of questions about their actual feeding behavior. We know material on its way into the hole spirals into a glowing "accretion disk" that can be bright enough to outshine entire galaxies. These visibly feeding black holes are called quasars . Most of these black holes are a long, long way away—much too far for us to see any detail of the disk. We have some images of accretion disks around nearby black holes, but they are merely breathing in some cosmic gas rather than feasting on stars.