AceShowbiz -

The buzz circulating around the making of "National Treasure 3" is no longer a mere speculation. IESB reported earlier that producer Jerry Bruckheimer, "National Treasure" star Nicolas Cage and Disney's Dick Cook have come out to confirm the development of the second sequel of the Walt Disney Pictures adventure franchise.

Though announcing that the third installment is indeed on the work, the threesome do not share out any official release date. However, words are this proposed flick may head to the theaters sometime during the holiday season of 2010. Previously, speculations over the third installment have been circulating around where the film will take place, one of which suggested New Orleans. Still, there is yet verification on the matter.

The previous "National Treasure" movie to have been released in theaters was "National Treasure: Book of Secrets". The sequel directed by Jon Turteltaub stood tall for three weekends in a row at the #1 box office chart and raked in nearly $220 million from its domestic sales ever since it was debuted on December 21, 2007. It once again starred Cage, Jon Voight, Diane Kruger and Justin Bartha.