For Further Information Contact: Jean-Pierre Jutras at 1.403.233.0464
NEWS RELEASE AUGUST 17, 2020
News Release: 20-05 Trading Symbol: TSX Venture- JADE
For Further Information Contact: Jean-Pierre Jutras at 1.403.233.0464
Web: http://www.Jadeleader.ca
JadeLeader’sWyomingSkyZoneYieldsFirstDocumentedBedrock
SourceofHigh-QualityJadeHistoricallyFoundasAlluvialMaterial
Calgary, Alberta – Jade Leader Corp. (TSX.V: JADE) (“Jade Leader”, or “The Company”) is
pleased to report on recent progress on its Wyoming Jade projects, including field work and Jade
recovery from the newly defined Sky zone and testing of a representative selection of 2019
trenching samples.
Importantly, although extracted directly from enclosing bedrock, Jades recovered from the Sky
Zone show both the irregular shapes and fine-grained textures of high quality, fine-grained Jades
typically found at surface and long believed to be either alluvial deposits or ventifacts (stones
sculpted by wind-blown sand). Historically these have been some of Wyoming’s highest quality
Jades, yet zealous surface collecting over the last century has reportedly nearly exhausted
supplies (Wyoming Geological Survey reference to the historical material can be found at
www.wsgs.wyo.gov/minerals/gemstones) . As the only currently documented in-situ
occurrence of this type of material, the Sky Zone provides the first indication that this Jade is not
simply a weathering product and opens the possibility of future larger-volume production from
hard-rock sources.
Sky Zone
The Sky Zone is the northeastern continuation of the Jade mineralization found in Trenches T1A
and T1C in September/October of 2019 ( ref: NR 19-06, October 1, 2019 and NR 19-07 of October
24 2019). Small samples of Jade recovered at that time were processed over the winter with
standard lapidary equipment to determine the material’s color texture and consistency. This
revealed very fine-grained, cryptocrystalline nephrite Jade with high translucency and uniform
green colors. The target was revisited in July of 2020 to determine the geological controls on Jade
distribution and to obtain larger samples for processing and potential test-marketing of Jade from
the zone.
The Sky Zone has now been mapped over 49 feet (15 meters) of strike length, with Jade occurring
as irregular lenses, nodules and pods within shear zones associated with an intrusive pegmatite
dyke. The jade occurs along the pegmatite contact and in quartz veins and fracture fillings
extending up to 6.5 feet (2 meters) into the country rock from the intrusive body. Samples were
recovered from their hard rock source matrix by hand drilling and prying blocks free. The zone
currently remains open in all directions.
Page 2 – August 17, 2020
A total of 110 pounds (49.9 Kg) of fine-grained green Jade has been recovered from the Sky
Zone, with the largest single sample weighing 25.6 pounds (11.6 Kg). Another 51 pounds of Jade,
partially to completely altered to a cream/ivory color, was also recovered. The most unusual Jade
found was about 30 lbs. (13 kg) of green Jade with inclusions of sharp quartz crystals; this may
have significant mineral specimen potential. Samples of all three types will be cleaned, classified
and photographed for test marketing in local and international markets.
Observations linking the in-situ Sky Jades with Wyoming’s historical surface high quality jades
are made on the basis of the irregular shapes of the lenses, pods and nodules, their fine grain
and consistent color as well as presence of quartz inclusions.
Photographs of the in-situ, extracted material and an initial polished sample of the Jade are
included in this release as Pictorial-Sky Zone Jades (A-E).
Additional 2019 Trench Sample Evaluations
A total of 38 of the 52 samples recovered from trench T1C in September 2019 (combined weight
of 1,930 pounds (875.4 Kg)) were selected for testing as representative of the breccia-hosted
Jades of the T1 target area.
These samples were cut on one side to expose the stone’s internal color, texture and translucency
for detailed description. 36 of the stones ( 95% by weight of samples tested) passed the testing
and workability evaluation; the remainder had defects and failed.
The material that passed is medium-grained and has a fairly uniform, mottled, medium to dark
green color. It shows few fractures and has excellent competency. Translucency varies with grain
size, and generally allowed light transmission of a few millimeters from a point source Jade light.
Six of the samples were fully sanded and polished to show the range of colors and textures of the
material. (See attached pictorial, T1 Target Ornamental Jades).
Thin (1-4 mm) slices of T1 target Jade collected south and west of trench T1C during the program
were also cut to evaluate the stone’s suitability as ornamental or architectural stone. The stone
testing results to date have been very encouraging, so the Company has commenced a product
development program based on this material to generate marketable finished product examples
for test marketing in local and international markets.
Mr. Jean-Pierre Jutras, P.Geol., President of the Company, is the Qualified Person for the
Company’s Jade projects as defined by National Instrument 43-101 and has approved the
technical disclosure contained in this news release.
On Behalf of the Board of Directors,
“Jean-Pierre Jutras”
Jean-Pierre Jutras, President/Director
Pictorial-Sky Zone Jades