This one sounds very promising, a lovecraftian adaptation! Maybe i'm just having jollies because it sounds similar to a personal favourite of mine, In the Mouth of Madness?
Guillermo del Toro's AT THE MOUNTAIN OF MADNESS: Looks like its now official! AT THE MOUNTAIN OF MADNESS will be next for del Toro right after HELLBOY 2 THE GOLDEN ARMY. AT THE MOUNTAINS OF MADNESS is del Toro's longtime passion project that he adapted from the novel by H.P. Lovecraft. The story follows explorers who journey to the Arctic where they uncover an ancient race of beasts. Universal Pictures will produced and release it. (thanks to Latinoreview.com)
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