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 MILI · 25-TVA-003 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
$912.03
across 4.6 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $912.03/t
Residual — net realizable value
$780.83 /t
gross $912.03 → recovered $820.83 − cost $40.00
Sb
100.0%$912.03/tEquivalent Grades
| Metal | Input Grade | $/tonne | Eq. Grade | Gram-m |
|---|---|---|---|---|
| Gold | — | $0.00 | 9.616 g/t | 44.2 |
| Silver | — | $0.00 | 846.785 g/t | 3,895.2 |
| Platinum | — | $0.00 | 28.799 g/t | 132.5 |
| Palladium | — | $0.00 | 29.245 g/t | 134.5 |
| Rhodium | — | $0.00 | 2.844 g/t | 13.1 |
| Copper | — | $0.00 | 8.897 % | 40.9 |
| Zinc | — | $0.00 | 32.320 % | 148.7 |
| Nickel | — | $0.00 | 5.553 % | 25.5 |
| Lead | — | $0.00 | 42.213 % | 194.2 |
| Antimony | 4.1 % | $912.03 | 4.100 % | 18.9 |
| Tungsten | — | $0.00 | 0.255 % | 1.2 |
| Lithium | — | $0.00 | 3.310 % | 15.2 |
| Tin | — | $0.00 | 2.007 % | 9.2 |
| Cobalt | — | $0.00 | 2.618 % | 12.0 |
| Molybdenum | — | $0.00 | 2.068 % | 9.5 |
| Uranium | — | $0.00 | 0.481 % | 2.2 |
| Iron Ore | — | $0.00 | 819.581 % | 3,770.1 |
| Gallium | — | $0.00 | 3,215.333 g/t | 14,790.5 |
| Total | $912.03 |
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.