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JADE.V ·

JADE Leader Posts New Sky JADE Tested Materials

Corporate Updates

Suite 815, 808 – 4th Ave, S.W. Calgary, AB, T2P 3E8 Canada | TEL 403 233 0464 | WEB www.jadeleader.ca

NEWS RELEASE: 21-01 FEBRUARY 1ST, 2021

For Further Information Contact: [email protected]

Or Jean Pierre Jutras, President

at 1.403.233.0464

JADE LEADER POSTS NEW SKY JADE TESTED MATERIALS

Calgary, Alberta – Jade Leader Corp. (TSX.V: JADE) (“Jade Leader” or “the Company”) is pleased to

announce an update of both its photo and video galleries to reflect extensive recent testing of its new “ Sky

Jade” material. Samples were collected in the fall of 2019, with additional sampling following up in July 2020.

A general introductory description of this material was first published by Jade Leader in August 2020 (NR#

20-05, August 17, 2020).

Tested Sky Jades to date, now in excess of 60 individual pieces, have shown consistently fine, cryptocrystalline

grain and well saturated colors within a small range of tones varying between a medium to heavily saturated

green. Translucency is also typically very high.

Mr. Jean-Pierre Jutras, P.Geol, the President and a Director of Jade Leader, stated “The highly desirable fine

grained green Jades from the Sky Zone have remained consistent in their characteristics across over 60 samples

from 2 sampling sites located roughly 13 meters apart along the Sky Jade bearing structure mapped in 2020.

We are excited to have created our supporting video and photo materials to adequately allow these Jades to be

viewed and appreciated by the local and international community of jade collectors, jade carvers and jewelry

designers amongst others.”

In order to properly communicate details of the texture, color, grain and translucency of the material, Jade

Leader has compiled a “Source to Stone” type video posted on its website and called “The Quest for Sky Jades,

Wyoming” and which can be also be found here . This video informs on our initial research, field finds, testing

activities and the observations that link this newly recognized hard rock source of Jade to the historical

Wyoming highest quality surface Jades referred to as “slicks” (Wyoming Geological Survey reference to the

historical material can be found at www.wsgs.wyo.gov/minerals/gemstones .).

A still gallery of high quality photographs showing a lot of 53 tumble cleaned stones representative of Sky

Jades, as well as rough carving Sky Jade blocks ranging in weight between 1.28 and 11.2 Kilos can be found

here .

The Sky Zone was mapped in 2020 over 49 feet (15 meters) of strike length, with Jade forming irregular lenses,

nodules and pods within shear zones associated with an intrusive dyke. The Jade occurs along the intrusive

contact, and in quartz veins and fracture fillings extending up to 2 meters into the country rock from the

intrusive body. Samples were collected in two distinct better exposed parts of the system, located some 13

meters apart, yet between which numerous Jade slivers in quartz were observed. The zone currently remains

open for further Jade collection, as well as open to further extension in all directions.

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February 1, 2021

As indicated (and shown in our video), work is also advancing in evaluating samples on hand from the DJ

project, Washington. Working on this material has recently revealed highly unique Jade textures which not

only exhibit chatoyancy (or cat’s eye effect), but a very strongly marked color change effect between vivid

greens, blue greens and turquoise colors. This effect is highly directional, as are most such effects in

gemstones, and further investigations are warranted to determine the potential type and sizes of Jades from DJ

where this type of effect can be identified further.

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 matters 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 materially from any projections of future

performance or results expressed or implied by such forward-looking statements. These risks and uncertainties 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 to differ materially from those predicted. Jade Leader disclaims any responsibility to update

these forward-looking statements.