US$1,179/tonne in Sales to Date Indicate Initial In-Situ Realized Contained Jade Value at Jade Leader’s Sky Zone, Wyoming

Suite 1620, 734 – 7th Ave, S.W. Calgary, AB, T2P 3P8 Canada | TEL 403 233 0464 | WEB www.jadeleader.ca

NEWS RELEASE: 24-01 JANUARY 4, 2024

For Further Information Contact: [email protected]

Or Jean Pierre Jutras, President

at 1.403.233.0464

US$1,179/tonne in Sales to Date Indicate Initial In-Situ Realized

Contained Jade Value at Jade Leader’s Sky Zone, Wyoming

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

provide the following corporate, marketing and exploration update.

Initial marketing (2021-2023) of various jade materials recovered through the Company’s pilot scale

sampling programs shows increasing sales and increasing International Jade market awareness. The

Company’s Jade sales have increased to $13,469 in 2023 from US$1,841 and US$12,563 in 2021 and

2022 respectively, based on the Company’s annual audited financial statements updated for sales to

December 31, 2023. The bulk of these sales, US$25,478, were of our Sky Jade© materials. In 2021, 21.6

tonnes of bulk Jade -bearing rock were test processed from the Sky Zone (NR#21-09, Oct 25, 2021),

from which 16.5 kilos of rough nephrite Jade material have been sold, representing 9% of the 183 kg of

potentially marketable Jade recovered. These sales ind icate an effective in -situ realized bulk value of

US$1,179/tonne to date for rough Jade, excluding sales of finished product. The Company’s research

publications and outreach efforts are successfully increasing market awareness of both our Wyoming

and Washington jades while marketing for the remaining 166 kg of stockpiled marketable Wyoming

Sky Jade© continues. Proceeds from sales will be used to advance exploration and development of our

most promising Jade properties.

“Being able to establish a base in-situ value for our Jades is a long-awaited landmark for us, allowing us

to begin to treat Jade like diamonds and other gem minerals,” said JP Jutras, P.Geol, President and a

Director of Jade Leader. “From an exploration and marketing standpoint we are also delighted to have

new peer reviewed academic research currently in press showing that the Sky Jade zone may be much

larger than initially thought and that at 2.4 to 2.5 Billion years old, Sky Jades are the world’s oldest

known jades, allowing their marketing as Earth’s first Jades”.

Wyoming Sky Jades© research and exploration outlook

Over the last 6 months, as a complement to research published on our “Color Shift Jade” from

Washington (NR#23-03, April 11, 2023), the Company worked with academic researc hers in Canada

and the US to generate an extensive, peer-reviewed research article on its Wyoming Jades. Covering the

geological genesis and settings of both its ornamental jades and gem Sky Jades ©, the article was

submitted and peer-reviewed in September of 2023, and the final revisions were approved in December

2023. The Company has been notified that the article has been accepted for publication in Gem -A’s The

Journal of Gemmology and is slated for publication in the first edition of 2024 this coming March. The

Journal of Gemmology is the leading academic gemmology journal worldwide and we expect the article

to raise Jade Leader’s visibility in the international gem community. An immediate benefit of the

research is that our Sky Jades © have now been tied with reliable age dating work and as the oldest

known jades on earth and can now be marketed as “Earth’s First Jades”.

The most important exploration takeaways from this recent in-depth research program are that the Sky

Jades© are now understood to have crystallized as primary nephrite Jade directly from fluids deep within

the earth during an ancient continental collision event. This genesis is what gives Sky Jade © its

remarkably high uniformity of color and texture and makes it easy to fashion into gem ob jects. This

contrasts with nephrite jades from other known productive nephrite deposits where the jades formed by

recrystallization of older parent rocks. These parent rocks had variable composition and numerous

impurities that commonly generated highly v ariable grain size and texture, color and translucency.

These quality variations historically led to jade’s reputation as a “gambling stone” which is typically

more difficult to process and market than uniform materials such as Jade Leader’s Sky Jade©.

In addition, work conducted for the publication at the University of Alberta’s Earth and Atmospheric

Sciences Department electron microprobe laboratory as well as detailed petrographic examination of

thin sections from the Sky Jades © and its host rock supports the interpretation that the Jade was not, as

previously believed, only formed in discrete, isolated shear zones younger than the quartz -epidote host

rock but rather formed along multiple structures simultaneously with alteration of its quartz-epidote host

rock. This recognition immediately expands the exploration footprint to an alteration zone mapped over

2.3 acres and outlined by high resolution color drone photography. The 2021 pilot scale sampling area,

from which the economic results mentioned abov e came, covered only 0.012 acres (0.005%) of this

altered zone, so the newly opened area remains to be systematically explored for more Sky Jade ©

occurrences. All required permit applications to pursue further pilot scale testing of the Sky Zone going

forward into 2024 are already in place.

Ongoing Jade Sales and Marketing

Jades sales and product inquiries have increased year over year with sales of recovered Jade materials of

US$1,841 in calendar 2021, US$12,563 in 2022 and $13,469 in 2023. Our sales reach to date has

included customers in Canada, the USA, Germany, New Zealand and China.

The bulk of these sales, US$25,478 (91%), were of Sky Jade © rough materials, excluding finished

jewelry products. In 2021, 21.6 tonnes of bulk Jade-bearing rock were test processed from the Sky Zone

(NR#21-09, Oct 25, 2021), from which 16.5 kilos of rough and polished material have now been sold,

representing 9% of the 183 kg of marketable Jade recovered. Prices realized for the materials sold to

date averaged US$1.55 per gram with individual pieces priced at between US$0.33 per gram to

US$3.81 per gram, depending on size, color, translucency and consistency of each piece. These sales

reflect an effective, realized in-situ bulk value of US$1,179/tonne at the Sky Zone to date.

The Company continues to grow its online presence through social media (YouTube, Instagram and

LinkedIn), with now over 107,000 hits on its main educational videos introducing and familiarizing the

market with the Company and its Jade products. The Company continues to add additional inventory of

finished products from on-hand materials from both the Wyoming Sky Jade and Washington jades pilot

scale programs to its online store and gallery at www.jadeleader.shop

Qualified Person

Mr. Jean-Pierre Jutras, P.Geol., President of the Company, is the Company’s Qualified Person as

defined by National Instrument 43-101. Mr. Jutras and Jade Leader personnel have maintained full

chain of custody of all sample materials which are the subject of this update throughout the extraction

and testing process and has approved the technical disclosure contained in this news release.

About Jade and Jade Leader Corp.

Recent trade articles and mainstream publications suggest that the international jade market is now

larger than the better -known worldwide market for rough diamonds, without any participation in the

space by publicly listed Companies prior to the formation of Jade Leader Corp.

Jade Leader Corp, with a Board of Directors having over 120 years of combined experience as mineral

exploration geologists with proven track records of discoveries, is led by JP. Jutras, B.Sc Hons Geology,

P.Geol who is also an internationally recognized jade carver with over 30 years experience.

Jade leader is l everaging this unique combination of mineral exploration expertise and jade carving

knowledge to advance a portfolio of 6 jade exploration properties, carrying nephrite jade with varying

characteristics, in stable, mining-friendly jurisdictions in the USA.

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 p resent 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 Leade r’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 s tatements 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 implie d 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 cauti oned that events or circumstances

could cause results to differ materially from those predicted. Jade Leader disclaims any responsibility to update these

forward-looking statements.