Jade Leader explores market for Wyoming ornamental jade

Executive Summary

• Jade Leader Corp. is expanding its market development strategy to include the sale of stockpiled Wyoming ornamental jade, a shift enabled by recent regulatory changes that previously prohibited the sale of this byproduct material.
• The company has collected over 22 tonnes of ornamental jade from its 100%-owned Wyoming properties and is targeting the high-end luxury architectural sector, in addition to traditional carving and jewelry markets.
• In-house testing indicates the ornamental jade is highly suitable for thin-cut, LED-backlit architectural installations, leveraging advances in diamond wire cutting technology to create translucent stone surfaces.

Key Details

• Regulatory Change: Regulations on the company's Wyoming properties have changed, allowing for the sale of ornamental jade material that was previously restricted.
• Inventory Volume: The company collected over 22 tonnes of ornamental jade as a byproduct of gem jade harvesting during the initial trenching program.
• Target Markets: The company is investigating the use of this material in high-end luxury architectural installations, as well as traditional carving and jewelry sectors.
• Technological Suitability: Advances in thin diamond wire stone cutting technology allow for the efficient cutting of large, highly translucent stone surfaces, which aligns with the properties of the company's ornamental jade.
• Product Application: LED backlighting of book-matched, thin-cut jade reveals dramatic patterns suitable for creative designers in the luxury architectural space.
• Internal Validation: In-house testing indicates high suitability of the company's jades for the architectural market.

Notable Quotes

• "As we continue to introduce our gem quality jades to the marketplace, the recently opening market for ornamental jades, which has historically represented the bulk of our production, is a potential game changer," said J.P. Jutras, PGeol, president of the company. "Our recent product development on incorporating ornamental jade stone surfaces into high-end luxury builds indicates that the architectural space could be an excellent market for realizing the highest value for our large volumes of responsibly produced nephrite."