A search by police and other emergency services has located two fishermen, who were missing in their boat off Ballina yesterday.
The two men, 25 and 34-years-old, left the Ballina Boat Harbour on Friday morning to set out on a fishing trip.
About 4pm yesterday a distress call was received stating the vessel was sinking.
Emergency services immediately commenced a full air and sea search for the 18ft blue and white-coloured cabin cruiser.
The search was co-ordinated by the Marine Area Command with the assistance of the Australian Maritime Safety Authority (AMSA) and Volunteer Marine Rescue.
The search was suspended last night however recommenced at 6am today.
A short time later the two men who were wearing lifejackets, and clinging to a an upturned fish box, were found floating nine nautical miles off the coast.
The men who were some distance from their capsized boat were winched on board the helicopter by the crew of Lifesaver 4.
Both men were taken by helicopter to Lismore Base Hospital for medical checks and treatment for exposure.
Police from Tweed Heads Marine Area Command will continue with their investigation into the cause of the incident.