A Time Domain Electromagnetic (TDEM) survey was carried out in and around the caldera of the Fogo volcano, Cape Verde Islands, to detect the low resistive structures that could be related to groundwater. A sign reversal in the sounding curves was encountered in central-loop measurements for the soundings located in the centre of the caldera along three main radial profiles ; the negative transients are recorded in the early channels between 6.8 and 37 microseconds. Negative values in an early time transient is an unusual field observation, and consequently the first step was to check the data to ascertain their accuracy and quality. In the second step, three dimensional (3D) effects are evaluated and ruled out in this zone, while an Induced...