Greg Ferron, President , and Chief Executive Officer of Platinex, said, "The Transaction achieves a number of goals for Platinex. It creates a stronger gold-focused growth vehicle in a world class Ontario gold camp and brings in a strong joint venture partner, Fancamp with access to capital and technical expertise, allowing us to accelerate exploration at Shining Tree Gold Project. The newly acquired Heenan Mallard Gold project which borders IAMGOLD’s Côté Gold Project, and the Shining Tree Gold Property are expected to be the first projects to be drilled. The Transaction provides a clear strategy for the enhanced gold portfolio while retaining a 100% ownership of our high-quality W2 Ni-Cu project and the recently acquired Muskrat Dam Critical Minerals Project." Subject to any regulatory approvals or filings, the Transaction is expected to close on or about February 24, 2023 (the "Closing Date"), or on such other date and time as is mutually agreed to between Pla...
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Showing posts from February, 2023
Five years of flickering black holes
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Five years of flickering black holes In our new work, we used data from NASA's ATLAS telescope in Hawaii. It scans the entire sky every night (weather permitting), monitoring for asteroids approaching Earth from the outer darkness. These whole-sky scans also happen to provide a nightly record of the glow of hungry black holes, deep in the background. Our team put together a five-year movie of each of those black holes, showing the day-to-day changes in brightness caused by the bubbling and boiling glowing maelstrom of the accretion disk. The twinkling of these black holes can tell us something about accretion disks. In 1998, astrophysicists Steven Balbus and John Hawley proposed a theory of "magneto-rotational instabilities" that describes how magnetic fields can cause turbulence in the disks. If that is the right idea, then the disks should sizzle in regular patterns. They would twinkle in random patterns that unfold as the disks orbit. Larger disks orbit more slowly w...