Lt. Alan Garner of the Royal Canadian Navy, says a military Cormorant helicopter found a body around 10:45 a.m. today local time in the area of the search about 16 kilometres off Stephenville.
Garner says there are no other details at this point as officials work to make a positive identification of the victim.
The search began Saturday after a man apparently tumbled into rough seas of about three metres during a thunderstorm.
A search was mounted involving a Cormorant from CFB Gander, N.L., a Hercules aircraft from CFB Greenwood, N.S., and a coast guard vessel.
Note to readers: Corrects first word in para 4.