Police say they found the body believed to belong to a 78-year-old woman reported missing in Lightning Ridge over the weekend.

Angela Kranz was last reported seen between 8.30am and 9.00am on Saturday 15 March near Wooloroo and Tip roads.

When she failed to return home and could not be located or contacted, officers began inquiries into her whereabouts.

"Following an extensive multi-agency search, the woman’s body was found late this afternoon," a police spokesperson said.

"While the body is yet to be formally identified, it is believed to be that of the missing woman."

Police will prepare a report for the Coroner.