While doing press for the underwater thriller Sanctum, which he produced, James Cameron provided a bit of an update on Guillermo del Toro’s At the Mountains of Madness, which he’s also producing. Last we heard, Cameron said they were “very very actively” pre-producing the R-rated 3D epic based on HP Lovcraft’s novella. Universal had their sights set on James McAvoy to star, but del Toro was set on Tom Cruise. Well, it looks like del Toro may get his wish. Cameron recently had this to say in an interview with MTV:

“Tom [Cruise] wants to do the picture. I don't think we have a deal with him yet, but we're hoping to get that closed soon. Guillermo is madly working on a new draft of the script. Hopefully we'll be shooting by June or July."

So it sounds like things are moving right along. The film will be shot in 3D and tells the story of a doomed expedition to Antarctica where “fantastic and horrific ruins and a dangerous secret beyond a range of mountains taller than the Himalayas” are discovered. In short, it’s the perfect project for del Toro and Cameron to team up on. For all of our previous coverage on the long-gestating At the Mountains of Madness, click here.