According to various unsubstantiated reports by eyewitnesses, it would appear that the 169 islands of Tonga is gaining island number 170. Developing from an undersea volcano, the new island is located between the islands of Kao in the Ha'apai Group and Late in the Vava'u Group. The Matangi Tonga news source has all the latest details.
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Here’s an update of the island with more photos.
http://timesonline.typepad.com/times_tokyo_weblog/2006/11/from_the_sea_of.html