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Tool

Drill Calculator

Translate any polymetallic drill intercept into a dollar value per tonne. Live spot prices across 18 metals — adjust any input, switch currency, and read equivalent grades.

Spot Prices (editable)
Display currency:
Enter Drill Intercept
Estimate — Mo is thinly traded on LME. Industry valuations typically use Platts/Argus dealer oxide prices, which may differ from generic spot.

Enter a grade above to see the dollar value breakdown

Try: 1.5 g/t Au over 12m — or enter any polymetallic intercept

How to read this

  • Total value per tonne — the gross dollar value of the rock at current spot prices, before any recovery, mining, or processing cost. A real mine recovers 60–95% depending on metallurgy.
  • Equivalent grades — what the same total value looks like expressed as a single metal. Useful to compare polymetallic intercepts against a single-metal benchmark (e.g. AuEq, CuEq).
  • Gram-metres — equivalent grade × width. The standard junior-mining shorthand for intercept significance.
  • Spot prices are editable — override any number to model your own price deck. Live prices refresh hourly via Metals-API.

This calculator is for informational purposes only. It does not constitute investment advice or a valuation of any specific deposit, project, or company. Recovery rates, mining costs, processing costs, royalties, and metallurgy are not included. Always read the original NI 43-101 or JORC report before drawing conclusions about a drill result.