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 YARR · PGC-26-032 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
$132.78
across 0.9 metres
Nugget — precious-metal value
$132.78 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$79.50 /t
gross $132.78 → recovered $119.50 − cost $40.00
Au
100.0%$132.78/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold1.4 g/t$132.781.400 g/t1.3
Silver$0.00123.284 g/t111.0
Platinum$0.004.193 g/t3.8
Palladium$0.004.258 g/t3.8
Rhodium$0.000.414 g/t0.4
Copper$0.001.295 %1.2
Zinc$0.004.705 %4.2
Nickel$0.000.808 %0.7
Lead$0.006.146 %5.5
Antimony$0.000.597 %0.5
Tungsten$0.000.037 %0.0
Lithium$0.000.482 %0.4
Tin$0.000.292 %0.3
Cobalt$0.000.381 %0.3
Molybdenum$0.000.301 %0.3
Uranium$0.000.070 %0.1
Iron Ore$0.00119.323 %107.4
Gallium$0.00468.121 g/t421.3
Total$132.78

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.