Panther cap is also known as the False Blusher due to its similarity to the true Blusher (Amanita rubescens). Its flesh is white, unchanging when injured, unlike the true Blusher the flesh of which is white, becoming pink when bruised or exposed to air. The Panther Cap is an uncommon mushroom, found in both deciduous, especially beech and, less frequently, coniferous woodland but rarely in meadows throughout Europe in late summer and autumn.
It is an ectomycorrhizal fungus, living in root symbiosis with a tree, deriving photosynthesised nutrients from it and providing soil nutrients in return.
Photograph and text courtesy of Wikipedia.