Large amount of gold and silver found in reservoirs under volcanoes in New Zealand

Monday, August 24, 2015 - 09:50 in Earth & Climate

A small team of researchers with members from institutions in the U.S. and New Zealand has found that there are large deposits of gold and silver in at least six reservoirs beneath several volcanoes in New Zealand. In their paper published in the journal Geothermics, the team describes their investigation into geothermal systems in the V-shaped Taupo Volcanic Zone on New Zealand's North Island and just how much of the precious metal they believe is hiding down there.

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