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New article name is Tjörnes Fracture Zone (TFZ) Overview

This fracture zone, located in the North of Iceland, is currently showing signs of activity. The zone has three major seismic areas, the Dalvik Fault ,the Husavik-Flatey Fault and the Grismsey Fault and is considered to be a transform fault, as San Andreas.( what about the Húsavík fault and the Guðfinnugjá fault?) It can be considered as a major BOT (Broad Oceanic Transform)fault and experts think that the Grismsey Fault is the latest active structure.(http://www.agu.org/journals/ABS/2010/2008TC002415.shtml). Doubts remain as to whether there is an underground magma chamber( http://cat.inist.fr/?aModele=afficheN&cpsidt=15310162)to the southern part of the Grimsey Alignment. This zone is listed as an underwater or submarine volcano here (http://www.volcano.si.edu/world/volcano.cfm?vnum=1703-10=) and the last known eruptions were 1867-1868 along the Manareyjar Ridge.

Future eruptions Despite the current activity the Icelandic met office have issued no information about this zone, and this zones often has earthquake swarms within it