Narelle Davies and her horse Depict have been located safe and well earlier this morning at 8.30am.
The 52-year-old woman was riding her horse last Saturday in the Howqua hills when she was reported missing.
She was last seen on Saturday by fellow campers.
Police would like to thank all members of the public who assisted with the search.
Sergeant Anthoula Moutis
Victoria Police Media Unit
68493/2018
Media Release courtesy of Victorian Police