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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-26-048 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
$699.00
across 1.8 metres
Nugget — precious-metal value
$699.00 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$589.10 /t
gross $699.00 → recovered $629.10 − cost $40.00
Au
100.0%$699.00/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold7.37 g/t$699.007.370 g/t12.9
Silver$0.00649.000 g/t1,135.8
Platinum$0.0022.073 g/t38.6
Palladium$0.0022.414 g/t39.2
Rhodium$0.002.180 g/t3.8
Copper$0.006.819 %11.9
Zinc$0.0024.771 %43.3
Nickel$0.004.256 %7.4
Lead$0.0032.353 %56.6
Antimony$0.003.142 %5.5
Tungsten$0.000.196 %0.3
Lithium$0.002.537 %4.4
Tin$0.001.538 %2.7
Cobalt$0.002.007 %3.5
Molybdenum$0.001.585 %2.8
Uranium$0.000.368 %0.6
Iron Ore$0.00628.150 %1,099.3
Gallium$0.002,464.322 g/t4,312.6
Total$699.00

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.