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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 SANU · BANT_RC_036 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
$935.17
across 3.0 metres
Nugget — precious-metal value
$935.17 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$801.65 /t
gross $935.17 → recovered $841.65 − cost $40.00
Au
100.0%$935.17/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold9.86 g/t$935.179.860 g/t29.6
Silver$0.00868.269 g/t2,604.8
Platinum$0.0029.530 g/t88.6
Palladium$0.0029.987 g/t90.0
Rhodium$0.002.916 g/t8.7
Copper$0.009.122 %27.4
Zinc$0.0033.140 %99.4
Nickel$0.005.694 %17.1
Lead$0.0043.284 %129.9
Antimony$0.004.204 %12.6
Tungsten$0.000.262 %0.8
Lithium$0.003.393 %10.2
Tin$0.002.058 %6.2
Cobalt$0.002.685 %8.1
Molybdenum$0.002.121 %6.4
Uranium$0.000.493 %1.5
Iron Ore$0.00840.374 %2,521.1
Gallium$0.003,296.908 g/t9,890.7
Total$935.17

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.