
Soak the dried porcini mushrooms in hot water for 20 minutes, remove the mushrooms, reserve the liquid and chop the mushrooms finely.
Heat the olive oil in a large sauté pan ‘til very hot, brown the shanks on all sides do 2-3 at a time depending on the size of the pan. Remove the shanks to a plate.
Drain the grease from the pan and lower the heat, add the pancetta to the pan and cook over low heat until it is rendered and starts to brown. This should take about 10-12 minutes. Add the carrots, fennel, onions, garlic, red pepper & chopped rosemary to the pan and cook over low heat for 30 minutes until the vegetables are mushy and any liquid has evaporated. Add the wine, stock, porcini mushrooms, reserved mushroom liquid and tomato and bring to a boil.
Place the shanks in a large roasting pan and pour the vegetable mixture over them, move the shanks to let some cooking liquid under them. Place the shanks in a 350 degree oven and bake for 1 ½ hours until the shanks are very tender.
While the shanks are braising in the oven, heat 2 tablespoons of olive oil in a large sauté pan and sauté the oyster and shitake mushrooms for 5-6 minutes until they have wilted and released there moisture, remove them from the pan and let cool.
Remove the cooked shanks to platter and keep warm in oven. Place the braising liquid into a pot and reduce to about 3 cups and season if needed. Add the cooked mushrooms and heat through. Serve the shanks topped with the mushroom sauce.
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