Torchlight ‘hopefully’ out on XBLA and PSN by holidays

The adventure is set in the mining settlement of Torchlight, a boomtown founded on the discovery of rich veins of Ember – a rare and mysterious ore with the power to enchant or corrupt all that it contacts. This corruptive power may have dire consequences however, and players set out into the nearby mountains and depths below to discover the full extent of Ember’s influence on the civilizations that have come before.

Runic Games had dreams of putting Torchlight on Xbox Live Arcade, then it put “serious effort” into a console version, and now the studio is hoping to have the game out by this holiday for PSN and XBLA. Runic CEO Max Schaefer told Joystiq at Gamescom today, “We’re trying, we’re talking [to Sony and Microsoft] and we hope to get that done quickly.” Although there’s no release window, he told us it’ll “hopefully” be available “by the holidays.”

Gamescom is the world’s largest games event with 245,000 visitors, more than 4,000 journalists and 458 exhibitors from 31 countries attending the show in its first year. Gamescom 2010 will be held from 18 to 22 August 2010 at the same venue.

Torchlight ‘hopefully’ out on XBLA and PSN by holidays, has sold 750,000 units | Joystiq.