AbstractThe Huntec Mark 3 time domain equipment provides information from which the nature of the transient voltage decay curves may be determined. A zone of disseminated mineralization extending above a normal fault zone was selected for a comparative study of decay curves.In a preliminary study in which steel stakes were used as current electrodes it was observed that at some stations the decay curves obtained with reciprocal dipole‐dipole configurations were significantly different and that many decay curves initially increased from low values indicating the presence of a negative component.It was assumed that the decay curves were composite and were composed of the superposition of transient voltage components due to electromagnetic and polarization effects which could be described in terms of simple exponential functions. The initial negative component was thought to be an electromagnetic effect, but when the traverses were repeated using porous pots as current electrodes it was found that the initial negative component was usually completely eliminated, indicating that it was due to negative polarization arising from the steel stakes.When the effect of the current electrode polarization was completely eliminated identical decay curves were obtained with the reciprocal array configurations, but the remaining decay curve‐which is due to induced ground polarization—cannot be described by a single simple exponential function. It is also demonstrated that the initial negative component due to stake polarization may also be present in decay curves obtained with gradient arrays indicating that separation of the current and potential electrodes does not avoid this effect which may significantly modify the decay curve in certain circumstances up to three seconds after switc