Yesterday we had the opportunity to sit down and talk with Guillermo del Toro, who revealed new details on the development of what he describes as his Lord of the Rings.

The director revealed that Warner Bros has agreed finance a trailer for Guillermo's adaptation of the DC Comic book Deadman.

"What happened is, I've gotten an incredibly beautiful offer from Warner Bros to finance a trailer," del Toro revealed to slashfilm.com. "So they said we'll finance a trailer so that you can show us what you see the movie being like. And I'm going to storyboard and script a little three minute trailer."

Described as a mixture of the The Fugitive and Quantum Leap, Deadman is the ghost of a circus acrobat named Boston Brand, who was murdered during a trapeze performance. His spirit was granted the power by a Hindu goddess to possess any living being in order to find his killer. In the ensuing search, Brand finds himself obliged to help others. The hero was created in 1967 by Arnold Drake and Carmine Infantino and is known for a run of issues by artist Neal Adams.

Earlier this month Variety reported that Gary Dauberman had been brought onboard to help del Toro develop a script.

The Pan's Labyrinth director said he plans to shoot the trailer early next spring, or may-be during an off weekend on production of Hellboy 2: "We'll find a time when we're not distracted."

"That for me is like the Titanic. It's my Lord of the Rings," he enthusiastically explained. "Not in terms of how much business it will make. It's just the quest - The EPIC."

del Toro's new film Pan's Labyrinth hits theaters on December 29th 2006.