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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 YARR · PGC-26-041 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
$318.68
across 3.6 metres
Nugget — precious-metal value
$318.68 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$246.81 /t
gross $318.68 → recovered $286.81 − cost $40.00
Au
100.0%$318.68/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold3.36 g/t$318.683.360 g/t12.1
Silver$0.00295.881 g/t1,065.2
Platinum$0.0010.063 g/t36.2
Palladium$0.0010.219 g/t36.8
Rhodium$0.000.994 g/t3.6
Copper$0.003.109 %11.2
Zinc$0.0011.293 %40.7
Nickel$0.001.940 %7.0
Lead$0.0014.750 %53.1
Antimony$0.001.433 %5.2
Tungsten$0.000.089 %0.3
Lithium$0.001.156 %4.2
Tin$0.000.701 %2.5
Cobalt$0.000.915 %3.3
Molybdenum$0.000.723 %2.6
Uranium$0.000.168 %0.6
Iron Ore$0.00286.375 %1,030.9
Gallium$0.001,123.490 g/t4,044.6
Total$318.68

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.