JADE Leader Provides Updates ON Dj Drilling Lode 2 Target Results
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NEWS RELEASE: 19-01 JANUARY 30, 2019
For Further Information Contact: Jean Pierre Jutras, President
at 1.403.233.0464
JADE LEADER PROVIDES UPDATES ON DJ DRILLING LODE 2 TARGET RESULTS
Calgary, Albe rta – Jade Leader Corp . (TSX.V: JADE) (“Jade Leader ”, or “The Company” ) is
pleased to report on its most recent progress towards data compilation and advancing the
evaluation of first pass drill core samples from the Lode 2 Nephrite Jade Target at the DJ project.
Seven diamond drill cor e holes totaling 275.3 meters were completed on the Lode 2 Target in
November of 2018. All holes intersected the targeted Nephrite Jade Zone previously identified by
mapping and trenching at surface, as outlined below, and on the attached drill plan map.
Sections of representative drill core from 4 intervals (holes L2DD1, L2DD2 and L2DD7) were
selected for polishing to outline the grain, color, texture and translucency of the Jade. Core was
then photographed wet to prevent glare, and is presented attached to this news release.
General descriptions of the complete interval and jade types are outlined in the table below.
Drill hole # From (m) To (m) Interval (m) * Jade type
L2DD1 9.8 10.5 0.7 Massive to foliated, green to light blue
color. Locally chatoyant.
L2DD1 10.5 10.9 0.40 Jade Stockwork zone, light green.
L2DD2 9.9 14.95 5.05 Massive to foliated green to light blue
colors. Locally chatoyant.
L2DD3 7.95 8.85 0.9 Massive to foliated, mostly green.
L2DD3 8.85 10.35 1.5 Jade Stockwork zone, light green.
L2DD4 7.2 8.2 1 Jade Stockwork zone, mostly green.
L2DD5 9.75 10.45 0.7 Massive to foliated, mostly green to light
blue.
L2DD5 11.45 11.65 0.20 Jade Stockwork zone, mostly green.
L2DD6 2.4 5 2.6 Massive to foliated, green to light blue,
locally chatoyant.
L2DD7 2.95 6.4 3.45 Jade Stockwork zone, mostly green to
light blue.
L2DD7 11.4 12.6 1.2 Jade Stockwork zone, Green to light blue.
(*) Interpreted true widths of intervals are considered to vary between 70 to 80% of measured core
lengths.
All contacts of the massive to foliated Jade zones with its host rock are sharp. Jade Stockwork
zones are defined as intersections with Jade veinlets that are of a sufficient thickness to provide
recoverable and potentially useable material for the lapidary arts. The Jade veinlets typically make
up between 10 to 30% of the interval within a serpentinite host. Polished core photographed from
L2DD7 (attached) illustrates this environment..
Page 2
January 30, 2019
A section through the occurrence showing geology and geological interpretation of the Jade zone
geometry, with location of initial trenched area, as well as drill holes L2DD1, L2DD2 and L2DD6 is
also included. Drill hole L2DD2 has tested the occurrence downdip from its surface expression to
a depth of approximately 30 meters.
“The first pass drilling program at DJ confirmed consistent intersections of Jade material that
correlates well with mapped surficial Jade occurrences but is free from strong surficial weathering.
Jades, ranging from foliated to massive material suitable for carvings and jewelry as well as finer
and more uniformly colored light green to blue with higher translucency referr ed to as near
gem/gem type were represented across the width and depth of the occurrence which remains open
in all directions” stated Mr. Jean- Pierre Jutras, P.Geol., President and a Director of Jade Leader.
“Materials showing chatoyancy, or cat’s eye effect has also now been obser ved in most
intersections as well, indicating that it may be much more extensively distributed through the Lode
2 target than previously indicated by limited surface sample work. While this first pass work still
represents a relatively small sample size of the system, we are extremely encouraged with results
to date and will evaluate the best and most productive way to continue bringing the project forward
over the coming year”.
Other samples from both drill core and surface are being analyzed to test workability, color, texture
and translucency in preparation for display at exhibitions such as the Tucson Gem and Mineral
Show in February and the Zi Gang Bey Jade carving competition and trade show this April in
China.
Jade Leader Corp. is preparing 2019 exploration plans and advancing permit applications for
additional work that will include further drill access and mechanized surface sampling. Jade Leader
Corp. will update its shareholders as milestones are achieved. I n addition, follow up work on their
Wyoming Jade properties is being evaluated with potential to continue in the Spring 2019.
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
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.
Except for the historical and present factual information contained herein, the matter s set forth in this news release, including words such as “expects”,
“projects”, “plans”, “anticipates” and similar expressions, are forward- looking information that represents management of Jade Leader’s internal
projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic
performance of Jade Leader. The projections, estimates and beliefs contained in such forward- looking statements necessarily involve known and
unknown risks and uncertainties, which may cause Jade Leader’s actual performance and financial results in future periods to differ material ly from any
projections of future performance or results expressed or implied by such forward -looking statements. These risks and u ncertainties include, among
other things, those described in Jade Leader’s filings with the Canadian securities authorities. Accordingly, holders of Jade Leader shares and potential
investors are cautioned that events or circumstances could cause results t o differ materially from those predicted. Jade Leader disclaims any
responsibility to update these forward-looking statements.
NR19-01
NR19-01
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A
B
Section line
L2DD1L2DD5
L2DD3
L2DD4
L2DD6
L2DD7
open
open
Projected Surface trace,
Jade Bearing Zone
Trench
Trench
Jade Leader
DJ Project, Lode 2 target.
Phase 1 drilling plan map.
Collar locations, drill hole surface traces,
geological section location,
trenching locations and projected surface trace of
Nephrite Jade bearing zone.
0 10m
scale
N
Drill hole collar Drill hole surface trace.
NR19-01