(Peter Mountain/Disney)

The Gore Verbinski-directed film is under production in New Mexico and slated for release in May 2013.

In the photo, Hammer dons a sleeker look than the Lone Ranger portrayed by Clayton Moore on the 1950s/’60s TV series. Celebritology’s Jen Chaney described his look as “the Lone Ranger in an issue of GQ,” which is both hilarious and accurate.

With his face painted white and a stuffed crow on his head, Depp's Tonto get-up is certainly more over-the-top than Jay Silverheels’s. Verbinski told the Los Angeles Times the character will not be played “straight,” but rather as a narrator “who might be a little crazy — but somehow the question is, is he crazy or is the world crazy? That, I find fascinating.”

Clayton Moore and Jay Silverheels in “The Lone Ranger.” (STR/REUTERS)

“I remember watching [the TV series] as a kid . . . and going: ‘Why is the [expletive] Lone Ranger telling Tonto what to do? ... When the idea came up [for the movie], I started thinking about Tonto and what could be done in my own small way try to — eliminate isn’t possible — but reinvent the relationship, to attempt to take some of the ugliness thrown on the Native Americans, not only in ‘The Lone Ranger,’ but the way Indians were treated throughout history of cinema, and turn it on its head.”

What do you think of the photo? Are you looking forward to “The Lone Ranger?” Tell us in the comments.