Teams searching around the Kauri Point area in the Bay of Plenty for lost fisherman Peato Samele Ilalio have discovered a body this morning.

A Police Communications spokesperson confirmed a body had been found, but it was too early to confirm it was Mr Ilalio, who went missing while fishing with his wife from the jetty about 2pm on Thursday.

Police say the 40-year-old got into difficulty in the channel because of the outgoing tide, and police staff along with Waihi Beach Coast Guard personnel had been scouring the Kauri Point area over the past few days.

More information was expected to be released later today.