Morning briefing — free market intel before the open
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 SKP · H26027 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
$28.98
across 10.7 metres
Nugget — precious-metal value
$28.98 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$0.00 /t
gross $28.98 → recovered $26.08 − cost $40.00
Au
85.1%$24.66/t
Ag
14.9%$4.32/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold0.26 g/t$24.660.306 g/t3.3
Silver4.01 g/t$4.3226.906 g/t287.1
Platinum$0.000.915 g/t9.8
Palladium$0.000.929 g/t9.9
Rhodium$0.000.090 g/t1.0
Copper$0.000.283 %3.0
Zinc$0.001.027 %11.0
Nickel$0.000.176 %1.9
Lead$0.001.341 %14.3
Antimony$0.000.130 %1.4
Tungsten$0.000.008 %0.1
Lithium$0.000.105 %1.1
Tin$0.000.064 %0.7
Cobalt$0.000.083 %0.9
Molybdenum$0.000.066 %0.7
Uranium$0.000.015 %0.2
Iron Ore$0.0026.041 %277.9
Gallium$0.00102.163 g/t1,090.1
Total$28.98

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.