New jade is a light green Serpentine, which takes it name after sharing similar geological properties with Jade as well as metaphysical properties. The stone has a very attractive pale green translucent colour. Serpentines are a group of common rock-forming hydrous magnesium iron phyllosilicates. Serpentine is said to owe its name to its serpent-like colours and patterns or from an old belief that the stones were effective protection from snake bites.