Kelly Jones (41) from Charlestown, South Carolina ,was found at 12.30 pm in the Old Rectory, Glencolmcille, in the townland of An Tsraid- just a few hundred yards from where the search was being co-ordinated at the Naomh Columba GAA pitch.
Brian Murray, a spokesman for the Donegal Mountain Rescue Team said Ms Jones was located in an out building by local volunteers along with the gardaí.
She was suffering from hypothermia and had a leg injury. Ms Jones was flown by helicopter to Sligo General Hospital.
The services sector employee from Georgia had been staying in a hostel in Malinmore but went missing at around 11am on Saturday.
The search party included the Donegal and Sligo-Leitrim Mountain Rescue teams, the Killybegs Coast Guard and the Sliabh League Walkers. The North West Mountain Rescue and dog teams were also involved.
Receive quality journalism wherever you are, on any device. Keep up to date from the comfort of your own home with a digital subscription.
Any time | Any place | Anywhere