Remember Bandai Namco’s four player co-op, hack and slash adventure title Project Treasure that was revealed many moons ago? It’s now being called Lost Reavers and has received some new gameplay footage and details (albeit in Japanese). Check out the video below.

Lost Reavers sees four players cooperating together to steal some highly coveted treasure. There are four unique characters to choose from – Sayuri, Dwayne, Victoria and Shadowstalker – and various instances where players will need to work together. This includes guarding allies while they crack open locks, escorting an ally with treasure out and fighting bosses together.

It seems Lost Reavers will support online play with a beta test expected later. The game is being developed on Unreal Engine with more information on the way. When will it be out in Japan or even the West? Stay tuned in the coming months as we find out and let us know your thoughts on the name and gameplay in the comments.

Yesterday’s Nintendo Direct introduced a relatively unexpected new IP – Bandai Namco’s Project Treasure, a third-person co-op action title that focused on treasure hunting with friends.

As seen in the above reveal trailer, you’ll fight through some decrepit tombs filled with mummies and other undead to retrieve the treasure within. Four main characters were revealed including a nimble female fighter with a katana and a large man wielding a bazooka that could be fired in first person. Project Treasure emphasizes co-op, as you’ll work to defeat monsters and haul treasure out of crypts, but there seems to be a drive to outperform your friends in the process.

More details for Project Treasure will be revealed in the Summer (possibly at Nintendo’s E3 Direct presentation?) so it will likely have a different name by the time it actually releases. What are your thoughts on the gameplay though? Let us know in the comments below.