Here are 3 new screenshots from Ultima 1 - A legend Reborn and 3 renders as well...
And Programmer Zeegate's development update:

"Right now we are in the middle of producing a teasermovie and restructuring the entire engine. This is a lager task then expected so tech2 has been pushed further into the future once again.
Other parts of the production like animation, graphics and music continues while the new engine takes form."