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-26-057 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
$361.36
across 1.5 metres
Nugget — precious-metal value
$361.36 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$285.22 /t
gross $361.36 → recovered $325.22 − cost $40.00
Au
100.0%$361.36/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold3.81 g/t$361.363.810 g/t5.5
Silver$0.00335.507 g/t486.5
Platinum$0.0011.411 g/t16.5
Palladium$0.0011.587 g/t16.8
Rhodium$0.001.127 g/t1.6
Copper$0.003.525 %5.1
Zinc$0.0012.805 %18.6
Nickel$0.002.200 %3.2
Lead$0.0016.725 %24.3
Antimony$0.001.624 %2.4
Tungsten$0.000.101 %0.1
Lithium$0.001.311 %1.9
Tin$0.000.795 %1.2
Cobalt$0.001.037 %1.5
Molybdenum$0.000.820 %1.2
Uranium$0.000.190 %0.3
Iron Ore$0.00324.729 %470.9
Gallium$0.001,273.958 g/t1,847.2
Total$361.36

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.