Police have resumed the search at Lake Mulwala following a boating incident in Yarrawonga yesterday.
Two 16-year-old boys went fishing in a tinny at the lake on Silverwoods Boulevard just before 9am on Sunday.
It is believed the boys were hit by a wave and fell overboard into the water.
Two men saw the boys in trouble, swam to their aid and managed to pull one of the boys to shore.
The men returned to the area and were unable to find the second boy.
The search was suspended yesterday evening and recommenced this morning, with police divers, Search and Rescue, Air Wing, Water Police and SES involved.
The boy is yet to be located and the search continues.
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