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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-26-049 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
$70.19
across 15.8 metres
Nugget — precious-metal value
$70.19 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$23.17 /t
gross $70.19 → recovered $63.17 − cost $40.00
Au
100.0%$70.19/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold0.74 g/t$70.190.740 g/t11.7
Silver$0.0065.164 g/t1,029.6
Platinum$0.002.216 g/t35.0
Palladium$0.002.251 g/t35.6
Rhodium$0.000.219 g/t3.5
Copper$0.000.685 %10.8
Zinc$0.002.487 %39.3
Nickel$0.000.427 %6.8
Lead$0.003.249 %51.3
Antimony$0.000.316 %5.0
Tungsten$0.000.020 %0.3
Lithium$0.000.255 %4.0
Tin$0.000.154 %2.4
Cobalt$0.000.201 %3.2
Molybdenum$0.000.159 %2.5
Uranium$0.000.037 %0.6
Iron Ore$0.0063.071 %996.5
Gallium$0.00247.435 g/t3,909.5
Total$70.19

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.