Caves found in Patagonia may unlock secrets of how continents formed

Caves found in Patagonia may unlock secrets of how continents formed

Fri, Mar 7 2014

SANTIAGO (Reuters) – Chilean and French scientists have discovered a network of underground caves on a remote island in Patagonia that could provide valuable clues as to how continents were formed.

The group found the system of around 20 limestone caves this week during a research trip to Diego de Almagro island off the far southwest coast of Chile.

Scientists had to abseil and scubadive to get into the caves, some of which are around 50 meters deep (165 feet). They found wall paintings and bone fragments left by the indigenous Kawesqar people that could help date the caves.

“You can make models of areas where the continents broke off and this could be one of those spots,” said speleologist Natalia Morata.

The expedition is the latest in a series by the French Centre Terre association, who have found types of rock in the caves normally found in more temperate zones. That could give clues as to how the continents split apart.

Scientists believe continents move due to plate tectonics, and that the map of the Earth would have looked very different millions of years ago.

 

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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