A UFO that resembled a flying horse has been spotted close to one of Mexico's most active volcanoes.

The dark object appeared to have two legs and was seen hovering into view out of nowhere as volcano Colima, 300 miles west of Mexico City, spewed out smoke.

Captured on webcam after Colima erupted this week, the enigmatic 'equine' vanished moments later.

To read more and view the video, click here.