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The Barnes Family Legacy

Three generations of mineral discovery in Greenland, 1996–2026. Kris Barnes, Non-Executive Chairman of Disko Gold, now carries that work into a gold-first exploration portfolio in West Greenland.

Operating in Greenland30 yearsBarnes family presence, from Greg Barnes’s first work in 1996
Tanbreez sale, peak impliedUS$1.3BFamily’s 92.5% Tanbreez interest, sold to Critical Metals Corp (NASDAQ: CRML). Not a Disko Gold valuation.
Disko Gold portfolio5 projectsGold, flake graphite and rare earths in central West Greenland
Targeted listing2026Disko Gold Ltd is preparing for an ASX listing. This is a target, not a completed listing.

A family story, now a West Greenland company

For thirty years, three generations of one family have worked on mineral projects in Greenland — begun by a geologist’s instinct in 1996, carried through a decade of feasibility work at Tanbreez, and now continued by Kris Barnes as Non-Executive Chairman of Disko Gold Ltd.

Kris has operated in South Greenland since 1998. The September 2026 family briefing records that he led five definitive feasibility studies, including Tanbreez (2008–2010), and was involved in the 2025 sale of the family’s 92.5% Tanbreez interest at a peak implied valuation of US$1.3 billion. That outcome is a prior family project. It is not a value, resource or reserve for Disko Gold.

He now leads Disko Gold toward a targeted ASX listing in 2026, while separately project-managing the neighbouring Narsaq Rare Earths Project. Narsaq is not a Disko Gold asset.

Three people in high-visibility jackets sitting on a rocky point beside a lake in South Greenland

Three generations of the Barnes family at their previously owned Tanbreez site, South Greenland, 2025.

US government engagement

Long before Greenland became a live geopolitical story, Greg Barnes carried Tanbreez’s strategic-minerals case to Washington.

The family briefing records that he briefed then–US Ambassador to Denmark Carla Sands in South Greenland, then officials at the White House and the Pentagon, on Greenland’s rare earth potential. That engagement later converted into commercial outcomes for the Tanbreez project the family built:

  • The US Export-Import Bank issued a US$120 million letter of interest for Tanbreez in 2025 — reported as the US government’s first direct investment in an overseas mining project.
  • Critical Metals Corp (NASDAQ: CRML) acquired the family’s 92.5% interest in Tanbreez, at a peak implied valuation of US$1.3 billion.

These facts describe Tanbreez. They do not mean Disko Gold has US government funding, a offtake, or a defined resource.

Aerial view of the White House and South Lawn in Washington, D.C.

The White House, Washington, D.C.

Disko Gold — the West Greenland portfolio

Five exploration projects across three districts of central West Greenland — Disko Bugt, Nuussuaq and Nordre Strømfjord — assembled by Kris Barnes. Disko Gold Ltd holds, or has an option to acquire, tenure over the package. Under an option agreement with Rimbal Pty Ltd, Disko Gold can acquire a 100% interest in four Mineral Exploration Licences, all granted to 31 December 2030.

Project Commodity Stage Best reported result
Eqi Gold (lead) Gold, copper Advanced exploration 60 g/t Au, composite grab (707 samples, 12 drill holes)
Akuliaruseq Graphite Flake graphite Advanced exploration 90–94% Cg concentrate (124 holes, 5,705 m, 1982–83)
Attu Carbonatite Rare earths, Sr, Ba Early-stage 12.4 wt% TREO, surface grab
Attu Gold Gold Early-stage 2–8 g/t Au, surface showings
Itilliarsuk Gold Gold Early-stage 41 g/t Au, grab; 15 g/t Au, channel

Combined tenure is reported in the briefing as about 283 km². No Mineral Resource or Ore Reserve has been estimated for any Disko Gold project under the JORC Code (2012). Figures above are historical results and grab/channel sample values, not evidence of grade or continuity over any volume.

Why Disko Gold

Same family, proven exit

The family that built Tanbreez to a peak implied valuation of US$1.3 billion and sold it to NASDAQ-listed Critical Metals Corp now runs Disko Gold. Tanbreez is a prior project, not a Disko Gold resource or valuation.

Deep local track record

The briefing records four Greenland projects since 1996 — Tanbreez, Sarfartoq Niobium, Isua Iron Ore and the Cryolite Mine (now Hudson Resources) — among the longer-standing foreign operators in the country.

Historical datasets

Reported results include up to 60 g/t Au at Eqi (707 samples, 12 drill holes), 90–94% Cg graphite concentrate from 5,705 m of historic drilling at Akuliaruseq, and up to 41 g/t Au at Itilliarsuk. These remain exploration results.

Work that can start at the desk

Four of the five projects can be advanced through desktop studies and historical-data compilation without a field season, ahead of the targeted 2026 ASX listing.

Critical minerals setting

Gold, flake graphite and rare earths sit on the critical minerals lists of the US, EU and Australia. Greenland’s permitting pathway is illustrated nearby by the Amitsoq graphite project, granted a 30-year, EU-backed exploitation licence in December 2025. That is a jurisdictional analogue, not an equivalent Disko Gold outcome.

Community-first intent

Disko Gold’s stated principle is that mineral exploration must benefit the people who live here. That is a commitment of approach, not a claim that agreements or certifications already exist.

Three generations, one legacy

A family business built over thirty years — and the government-level relationships that came with it.

1st generation

Greg Barnes

Founding geologist (1996– )

Founded the family’s Greenland business. Personally briefed the White House and then–US Ambassador to Denmark Carla Sands on Greenland’s strategic minerals.

2nd generation

Kris Barnes

Non-Executive Chairman, Disko Gold

Led five DFS processes end-to-end, including Tanbreez (2008–2010), and was involved in the 2025 sale of the family’s 92.5% Tanbreez interest to Critical Metals Corp.

2nd generation

Adrian Barnes

Tenement research

Led research into mining jurisdictions for 30 years, securing the international portfolio in Greenland and across multiple continents for the Barnes Group.

3rd generation

Grace Barnes

Lawyer

Legal, regulatory and corporate support across the family’s Greenland projects.

3rd generation

Nic Barnes

Geologist

Field, sampling and geological database work across Tanbreez and Narsaq.

Technical specialist

Anna Wingell

15 years, Greenland

Deputy project management, MRA liaison and investor communications across the Barnes family’s Greenland and international portfolio.

Looking ahead

Kris Barnes is applying the method used at Tanbreez to two platforms.

Narsaq Rare Earths, alongside Tanbreez in the same Ilímaussaq complex, has moved from concept to a draft JORC-compliant pre-feasibility study in eight months, with an exploitation licence application submitted and a 5,000 m drill program underway with NIRAS A/S. Narsaq is a neighbouring family-led project. It is not part of the Disko Gold portfolio.

Disko Gold Ltd, where Kris is Non-Executive Chairman, is heading toward a targeted ASX listing in 2026. The West Greenland gold, graphite and rare earth projects remain exploration-stage.

Greenland is the latest chapter in a method the family has applied for generations — a private library of mining and oil & gas tenement title records in Perth, covering the first floor of their offices and running back hundreds of years. That library led the family to Greenland in the 1990s.

Floor-to-ceiling shelves of mining and oil-and-gas title files in a Perth office

The Barnes family library, Perth.

Three generations of the Barnes family standing together in Perth

Three generations of the Barnes family, Perth.