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Manawatū area investigations manager Detective Senior Sergeant Dave Thompson said members of the public found the body while hunting in dense bush in the Ōtaki Gorge area.
On Monday, Manawatu Police and Search and Rescue responded to the Eastern Park of the gorge, where they located the body.
“While the formal identification process is yet to be completed, it’s thought that the body is that of missing person Duncan Hill, who was reported missing in October 2023,” Thompson said in a statement.
“Police extend our condolences to his family and friends at this difficult time.”
Hill’s family said in November they were “desperate to find out what has happened to Duncan”.
“This is an extremely distressing time for our family and friends,” they said in a statement at the time.
Duncan Hill went missing in early October 2023.
“Everybody is putting a tremendous effort in to find Duncan in rugged, remote and challenging terrain, for which we are truly grateful.”
The family said not knowing where Hill was, or whether he was safe, was becoming increasingly difficult for them to endure.
“We are gravely concerned for his wellbeing.”
At the time, police were concerned the 59-year-old would run out of his medication, which he needed on a regular basis.
Police earlier said the Ōtaki Gorge was an “area of interest”.
Hill was last seen by his landlord on October 5 at his home on Waihoanga Rd. He left his car and other personal items at the property before he vanished.