Dalaroo Metals Strengthens Greenland Rare Earths Push with Expert Appointment
Dalaroo Metals has executed a strategic move by appointing veteran geologist Greg Barnes as a special advisor for Greenland, significantly enhancing its expertise in the region's rare earths sector. This appointment coincides with the company's plans to pursue a secondary listing on the US OTCQB Venture Market, aiming to tap into North American investor interest in critical minerals.
Greg Barnes Brings Deep Greenland Experience to Dalaroo
Greg Barnes is renowned in Greenland's mining industry, having been instrumental in developing the Kvanefjeld and Tanbreez rare earths projects. These deposits are considered among the most significant rare earth systems outside China, with Tanbreez boasting a JORC resource of approximately 45 million tonnes at 0.40 per cent total rare earth oxides (TREO) and notable heavy rare earth content. His extensive knowledge of Greenland's alkaline intrusives and unique geology, particularly in the Ilímaussaq Complex and Gardar Province, is expected to provide substantial support for Dalaroo's project and business development efforts.
Dalaroo Metals chief executive officer John Morgan emphasised the value of this appointment, stating, "Greg's experience across geology, permitting and stakeholder engagement in this jurisdiction materially strengthens Dalaroo as we advance Blue Lagoon following our encouraging maiden results."
Blue Lagoon Project Shows Promising Early Results
The Blue Lagoon project, located in Greenland's mineral-rich south-west under a mineral exploration licence, has delivered strong initial findings from Dalaroo's maiden 2025 exploration program. This work marks the first systematic modern exploration since the Geological Survey of Denmark and Greenland surveys in 1979. Highlights from 113 geochemical samples include peak values of 4.42 per cent zirconium oxide, 99 parts per million (ppm) hafnium, and 0.81 per cent total rare earth oxides (TREO).
The results indicate strong light rare earths enrichment, with cerium exceeding 2000ppm and neodymium around 900ppm, while heavy rare earths reached up to 886ppm, primarily composed of dysprosium and terbium. These heavy rare earth metals are crucial for manufacturing permanent magnets used in electric vehicles, wind turbine power generators, and other electronic technologies. A key advantage is the very low uranium signatures, with a maximum of only 25ppm uranium oxide, well below Greenland's mandated 100ppm threshold, facilitating concentrate exports.
US Listing Strategy to Boost Investor Profile
Dalaroo's plan to seek a secondary listing on the OTCQB Venture Market in the United States is designed to enhance its visibility among North American investors focused on critical minerals and rare earths. This move complements its primary listing on the ASX without altering the corporate structure. The OTCQB market, often referred to as the Venture market, caters to early-stage and developing companies, including international ones, offering greater access to North American investors without the stringent requirements of major exchanges like NASDAQ.
Future Exploration Plans for Blue Lagoon
As Dalaroo prepares for the 2026 field season, the company intends to integrate all available datasets into desktop studies and potentially deploy geophysics. Planned activities include staged auger and sonic drilling, the use of ground-penetrating radar to map sediment cover, and advancements in mineralogical and metallurgical investigations. With Greg Barnes on board and the prospect of an American listing, Dalaroo is well-positioned to accelerate exploration at Blue Lagoon and capitalise on growing global interest in Greenland's critical minerals potential.
This year's exploration efforts are expected to further illuminate the project's prospects, reinforcing Dalaroo's strategic initiatives in the rare earths sector.
