Well, it's not from Iron Lore, but from a new company called Crate that has some old Iron Lore developers in it. The game is called Grim Dawn and it looks to be a spiritual successor to Titan Quest. Here is the web page: http://www.grimdawn.com/about.php
They are also doing pre-orders like Natural Selection 2 to help fund development and possibly preventing the need for a publisher. I am probably going to pre-order this game to support these guys as they did a great job with Titan Quest but weren't able to continue updating it because of funding issues.