Edinburgh: An earthquake of magnitude 7.0 on Saturday hit the South Shetland Islands, United States Geological Survey said. No loss of life or property has been reported so far.Also Read - Earthquake of 4.6 Magnitude Jolts Uttarakhand's Pithoragarh

Chile’s interior ministry issued a tsunami warning following the quake. Strong tremors were felt in the Chilean capital Santiago. Also Read - 5.9-magnitude Offshore Earthquake Jolts Southern Philippines

The epicentre of the earthquake was monitored at 61.7 degrees south latitude and 55.6 degrees west longitude. It hit at a depth of 10 km, Xinhua reported. Also Read - Earthquake Of 5.3-Magnitude Strikes Arunachal Pradesh

Further details are awaited.