Jade Leader Announces Regulatory Change Allowing Wyoming Jade Wholesale, Releases Three New Jade Testing Product Videos
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CALGARY, AB / ACCESSWIRE / June 29, 2021 / Jade Leader Corp. (TSXV: JADE) (“Jade Leader” or “the Company”) is pleased to announce confirmation from the State of Wyoming authorities that certain regulations have been amended which now allow Jade Leader to sell Jade in bulk. extracted from its claims using equipment, as during its 2019 trenching program. This change means that Jade Leader can now market its bulk Jade held in secure storage and move forward with a new recovery of Jade on its authorized exploration targets.
Therefore, Jade Leader has updated her video galleries (www.jadeleader.ca) to reflect the development of ornamental jade test products the company mined in 2019. The videos feature: 1) ornamental nephrite jades; 2) Finely carved jade in black; and 3) an exceptional, large, collector’s specimen, Jade Ventifact.
“Last month, authorities in Wyoming confirmed that the company may sell ornamental jade in bulk from both its 2019 exploration program and future licensed mechanized exploration. This confirmation has led us to accelerate the tests to highlight the potential uses of this material beyond the traditional uses in sculptures and figurines, “said Mr. Jean-Pierre Jutras, P.Geol., President of Jade Leader. “Our video series has become an excellent platform to visually communicate the potential of our jade in different applications, resulting in many inquiries in the market. The Wyoming Ornamental Jade video particularly broadens our reach to potential customers around the world in traditional industries or looking for exotic materials for innovative products. production lines. “
“Ornamental Jades of Wyoming” (www.Jadeleader.ca) focuses on detailing the range of texture, color, grain, translucency and workability of our new Nephrite Jade, as well as the potential for future bulk tonnage production from a field perspective. Interested users of ornamental stone, whether for sculpture or for other uses of ornamental / dimension stone are invited to see firsthand how the material was mined, the approximate range of block sizes, as well as than the testing of materials from two shallow trenches in the Jade Bearing Structure at the Company’s T1 target (Ref: NR 19-06, October 1, 2019 and NR 19-07, October 24, 2019). Video can be viewed here.
Although generally used for carving, this type of medium-grained jade, which varies in pattern from mottled to veined with colors ranging from medium green to dark green, is considered by society to be potentially extremely well suited to new applications in the ornamental stone market as it responds to waterjet cutting, a technique increasingly used for fast and efficient cutting of complex shapes, surfaces and stone inserts in the stone industry. dimension stone. Due to its high toughness and skill, our Jade can be cut very finely (2-6mm), which opens up its use in applications where backlighting offers unique lighting opportunities.
The other two videos focus on specific exceptional individual stones:
“Top Wyoming Black” highlights the discovery of a very fine-grained gem-type black Jade representing a potentially valuable component of the T1 system Jades. Wyoming Black Jade was thought to be part of Wyoming Jade’s past history, but this new find demonstrates that Black Jade’s potential for new discoveries remains excellent in Jade Leader properties. Video can be viewed here.
“Ventifact, a collector’s stone”, is a direct marketing vehicle targeting the space of international collectors. Ventifacts are stones naturally smoothed and sculpted by the action of wind and sand in desert environments that are avidly sought after by discerning collectors of completely natural specimens. Jade ventifacts are particularly rare and have only been widely documented in Wyoming and the Gobi Desert. Video can be viewed here.
Mr. Jean-Pierre Jutras, P.Geol., President of the Company, is the Qualified Person for the Company’s Jade projects as defined by NI 43-101. Mr. Jutras maintained full chain of custody for sampling equipment during the testing process and has approved the technical disclosure contained in this press release.
About Jade and Jade Leader Corp.
Recent articles and mainstream publications have suggested that the international jade market is now larger than the better-known global rough diamond market, with no participation in the space by publicly traded companies.
Jade Leader Corp, with a board of directors having over 120 years of combined experience as mineral exploration geologists with a proven track record of discoveries, is led by JP. Jutras, B.Sc Hons Geology, P.Geol who is also an internationally renowned jade sculptor with over 30 years of experience.
The Jade Leader has leveraged this unique combination of mineral exploration expertise and jade carving knowledge to build a current portfolio of 6 jade exploration properties on which nephrite jade with various characteristics has now been identified in stable and favorable mining jurisdictions in the United States.
On behalf of the Board of Directors,
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
With the exception of historical and present factual information contained herein, the matters set forth in this press release, including words such as “expects”, “projects”, “plans”, “anticipates” and similar expressions, are management of internal projections, expectations or beliefs of Jade Leader 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 these forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the actual performance and financial results of Jade Leader in future periods to differ materially from any projection of performance or future results expressed or implied by these forward-looking statements. These risks and uncertainties include, among others, those described in the documents filed by Jade Leader with the Canadian securities regulators. Accordingly, holders of Jade Leader shares and potential investors are warned that events or circumstances could lead to results materially different from those expected. Jade Leader accepts no responsibility for updating these forward-looking statements.
SOURCE: Jade Leader Corp.
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