Australian archaeologists found the bones while digging in a cave on Flores.
Scientists think they've found a new species
The researchers have since found remains belonging to six other individuals from the same species.
Because the remains are relatively recent and not fossilised, scientists are even hopeful they might produce DNA.
If they do produce DNA it could provide a completely new view on the evolution of humans.
Legends on the island have included tales of little people for years and some people think some of the 'Hobbits' could still be alive in places where no-one has been.
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