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268                                                            J. Martı ´ et al.


          Their combined horizontal extent matches the long axis of the 30   100 km wide
          caldera. The location of a pronounced gravity low within the collapse structure
          coincides with one of these reservoirs. The combined results suggest the presence
          of, as yet, the world’s largest magmatic reservoir at mid-crustal levels beneath Toba
          (Masturyono et al., 2001).


          Deep-seated reservoirs (or deep extension of magmatic bodies). In addition to
          the two large mid-crustal reservoirs, the seismic image at Toba also reveals a low-
          velocity column with a reduction in P-wave velocities similar to those of the mid-
          crustal reservoirs which can be traced from one of the reservoirs into the uppermost
          mantle (Masturyono et al., 2001). The extent of this low-velocity zone is matched
          by the planar distribution of low-frequency earthquakes in the range of 20–40 km
          depth. A picture of a deep root of magma replenishment also emerges from Valles,
          where a large planar zone of reduced P-wave velocities ( 15%) can be mapped out
          in the lower crust or upper mantle (Aprea et al., 2002). This zone is interpreted to
          represent melt formation in the upper mantle and subsequent basaltic underplating.
          At Long Valley, the tabular mid-crustal reservoir may represent the top of a diapir-
          like ridge rising up from the migmatized lower crust of the Basin and Range
          province (Steck and Prothero, 1994). At Las Can ˜adas, the magnetic anomaly
          appears to be rooted in a dyke complex down to ca. 16 km bsl (Aran ˜a et al., 2000).


          The nature of reservoirs. While shallow-level low-velocity zones are generally
          regarded to represent hydrothermal reservoirs, deeper-seated anomalies are usually
          associated with the presence of a melt phase. However, the upper crust around a
          volcano is composed of rocks, which are expected to show large variations of
          seismic wave velocity due to significant variations of composition, fluid content,
          porosity, and temperature. As a consequence, ray paths are undoubtedly 3-D,
          adding a high degree of non-linearity to the relationship of ray path and velocity.
          Thus, assessing the melt fraction within a low-velocity zone is challenging and
          potentially associated with large errors. Weiland et al. (1995) give a short discussion
          on the ambiguities involved in estimating melt percentage in low-velocity zones
          and compare results obtained from different models. For example, the tabular
           30% low-velocity zone at Long Valley is regarded as containing a melt fraction
          anywhere between 7 and 100%. At Valles, 100% melt is attributed to the central
          ellipsoidal  30% velocity (Figure 13). Masturyono et al. (2001) infer melt-
          dominated reservoirs with o10 km thickness in the mid-crust and a 0.1 melt
          fraction in the deep root of the plumbing system.



          4.1.2. Caldera bounding faults
          Geophysical information on the geometry of bounding faults is scarce and stems
          predominantly from seismic investigations. One of the key questions regarding
          bounding faults and their role in caldera evolution concerns their dip angle as
          well as their dip direction: vertical, inward, or outward dipping with respect to the
          centre of the caldera.
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