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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 the precious-metal share (nugget) and net realizable value (residual).

Loaded from CRI · FC25-27 drill result — edit any value to model your own scenario.
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.
Recovery & Costs (editable assumption)

Used for residual (net) value below. Defaults are industry starting points — override for your deposit.

Total Value Per Tonne
$2,891.80
across 0.6 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $2,891.80/t
Residual — net realizable value
$2,562.62 /t
gross $2,891.80 → recovered $2,602.62 − cost $40.00
Sb
100.0%$2,891.80/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.0030.490 g/t17.4
Silver$0.002,684.928 g/t1,530.4
Platinum$0.0091.315 g/t52.0
Palladium$0.0092.727 g/t52.9
Rhodium$0.009.017 g/t5.1
Copper$0.0028.209 %16.1
Zinc$0.00102.477 %58.4
Nickel$0.0017.607 %10.0
Lead$0.00133.847 %76.3
Antimony13 %$2,891.8013.000 %7.4
Tungsten$0.000.810 %0.5
Lithium$0.0010.494 %6.0
Tin$0.006.364 %3.6
Cobalt$0.008.302 %4.7
Molybdenum$0.006.559 %3.7
Uranium$0.001.524 %0.9
Iron Ore$0.002,598.670 %1,481.2
Gallium$0.0010,194.959 g/t5,811.1
Total$2,891.80

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.
  • Nugget — the share of total value from precious metals (gold, silver, platinum, palladium, rhodium). Tells you whether it's really a precious-metals story or base metals dressed up by a high gold price.
  • Residual (net realizable) value — what's left after recovery and operating cost. Edit recovery % and cost per tonne to model your own deposit; this is the "real value," not the gross.
  • 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 vary by deposit — residual value uses editable assumptions, not a deposit-specific study. Always read the original NI 43-101 or JORC report before drawing conclusions about a drill result.