OLIVE NEW JADE: is not a true Jade (Jadeite or Nephrite), but rather the industry name given to a form of semi-translucent Serpentine that is commonly a light to medium green color in soft hues and mottled designs that closely resembles Jadeite.

"New Jade" Serpentine is said to have the same spiritual values as Jade. Because it produces a tranquil mood, it helps us when we're depressed, especially when we feel stuck in a situation. New Jade is also credited with helping one to become grounded, so that you can live with a situation and feel more tranquil while you're doing it.