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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-26-042 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
$146.06
across 1.0 metres
Nugget — precious-metal value
$146.06 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$91.45 /t
gross $146.06 → recovered $131.45 − cost $40.00
Au
100.0%$146.06/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold1.54 g/t$146.061.540 g/t1.5
Silver$0.00135.612 g/t128.8
Platinum$0.004.612 g/t4.4
Palladium$0.004.684 g/t4.4
Rhodium$0.000.455 g/t0.4
Copper$0.001.425 %1.4
Zinc$0.005.176 %4.9
Nickel$0.000.889 %0.8
Lead$0.006.760 %6.4
Antimony$0.000.657 %0.6
Tungsten$0.000.041 %0.0
Lithium$0.000.530 %0.5
Tin$0.000.321 %0.3
Cobalt$0.000.419 %0.4
Molybdenum$0.000.331 %0.3
Uranium$0.000.077 %0.1
Iron Ore$0.00131.255 %124.7
Gallium$0.00514.933 g/t489.2
Total$146.06

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.