UPDATE: Naughty Dog co-president Evan Wells has posted on the PlayStation Blog new The Last of Us details.

From the website:

"The Last of Us is a genre-defining experience that blends survival and action elements to tell a character driven tale about a modern plague decimating mankind. Nature encroaches upon civilization, forcing remaining survivors to kill for food, weapons and whatever they can find. Joel, a ruthless survivor, and Ellie, a brave young teenage girl who is wise beyond her years, must work together to survive their journey across what remains of the United States."

Wells confirmed Naughty Dog veterans Neil Druckmann (creative director) and Bruce Straley (game director) are leading the project, and promised to discuss "how we've been working as a two team studio".

ORIGINAL STORY: Sony has unveiled The Last of Us, a new PlayStation 3 exclusive from Uncharted developer Naughty Dog.

Will.i.am took to the stage at the Spike Video Game Awards to reveal the game, which Sony has teased over the last month with a series of viral videos.

A gameplay trailer, made up of in-game footage, showed a man and young girl fight for survival against plague-ridden humans in a city being reclaimed by nature.

A release window is yet to be announced.