Dalaroo Metals strengthens its Greenland rare earths ambitions with the appointment of industry veteran Greg Barnes and plans a US OTCQB listing to access North American capital and partnerships.
- Greg Barnes appointed Special Advisor for Greenland rare earths strategy
- Focus on advancing Blue Lagoon Project with proven critical minerals potential
- Secondary listing planned on US OTCQB Market to enhance investor access
- 2025 exploration confirms large-scale rare earth, zirconium, hafnium system
- Low uranium levels support environmentally responsible development
Strategic Appointment to Accelerate Greenland Ambitions
Dalaroo Metals Ltd (ASX, DAL) has announced the appointment of Greg Barnes, a renowned rare earths specialist, as Special Advisor for Greenland. Barnes is a key figure behind Greenland’s major rare earth discoveries, including the Tanbreez and Kvanefjeld projects, both recognised as globally significant deposits outside China. His expertise spans geology, stakeholder engagement, and project development, positioning Dalaroo to fast-track its Blue Lagoon Project in south-west Greenland.
The appointment signals Dalaroo’s commitment to leveraging deep local knowledge and technical insight to navigate Greenland’s unique exploration environment. Barnes’ involvement is expected to enhance the company’s strategic positioning amid growing Western demand for ethically sourced critical minerals.
Blue Lagoon Project, A Promising Critical Minerals Hub
The Blue Lagoon Project, acquired fully by Dalaroo in January 2026, sits within the Gardar Alkaline Province, a geological belt known for hosting rare earth elements (REE), zirconium, and niobium. The 2025 maiden exploration program delivered encouraging results, confirming a district-scale critical minerals system with TREO (total rare earth oxides) concentrations reaching up to 0.81%, zirconium oxide levels exceeding 4%, and hafnium presence.
Importantly, uranium levels remain well below Greenland’s regulatory thresholds, underscoring the project’s environmental viability. These findings position Blue Lagoon as a differentiated opportunity within the Western-aligned critical minerals supply chain, a sector increasingly prioritised for advanced technologies and clean energy applications.
US OTCQB Listing to Unlock Capital and Partnerships
Complementing its ASX listing, Dalaroo plans a secondary listing on the US OTCQB Market. This move aims to tap into one of the world’s deepest pools of capital dedicated to critical minerals and advanced materials. The US market exposure is expected to broaden Dalaroo’s investor base, including institutional, ESG-focused, and specialist resource funds, thereby enhancing funding pathways for exploration and development.
Moreover, the OTCQB listing aligns with US strategic priorities to secure transparent and resilient supply chains for critical minerals. Greenland’s geopolitical stability and regulatory environment make Blue Lagoon a compelling asset for Western markets seeking conflict-free resources. The listing also increases Dalaroo’s visibility among downstream technology, defence, and semiconductor sectors, potentially facilitating strategic partnerships and offtake agreements.
Looking Ahead, Exploration and Development Plans
Dalaroo is preparing for an expanded 2026 exploration campaign, integrating geological, geochemical, and geophysical studies to refine targeting. Planned activities include ground penetrating radar surveys, follow-up drilling, and mineralogical assessments to better understand the deposit’s characteristics and beneficiation potential. Concurrently, the company will maintain active engagement with Greenlandic authorities to support permitting and development pathways.
CEO John Morgan emphasised the strategic value of Barnes’ appointment and the OTCQB listing, highlighting their roles in accelerating Blue Lagoon’s advancement and enhancing Dalaroo’s profile in key markets. As the company moves forward, these initiatives collectively underpin its ambition to become a significant player in the Western critical minerals sector.
Bottom Line?
Dalaroo’s strategic moves set the stage for accelerated exploration and stronger North American engagement in Greenland’s critical minerals race.
Questions in the middle?
- How quickly can Dalaroo translate exploration success into a defined resource at Blue Lagoon?
- What impact will the OTCQB listing have on Dalaroo’s liquidity and investor profile in the near term?
- How will Greenland’s regulatory and permitting environment evolve to support critical minerals development?