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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 KBX · DD26ELP005 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
$20.56
across 65.0 metres
Nugget — precious-metal value
$4.74 /t
23% of total value · base metals $15.82/t
Residual — net realizable value
$0.00 /t
gross $20.56 → recovered $18.50 − cost $40.00
Au
23.1%$4.74/t
Cu
74.8%$15.38/t
Mo
2.1%$0.44/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold0.05 g/t$4.740.217 g/t14.1
Silver$0.0019.090 g/t1,240.8
Platinum$0.000.649 g/t42.2
Palladium$0.000.659 g/t42.9
Rhodium$0.000.064 g/t4.2
Copper0.15 %$15.380.201 %13.0
Zinc$0.000.729 %47.4
Nickel$0.000.125 %8.1
Lead$0.000.952 %61.9
Antimony$0.000.092 %6.0
Tungsten$0.000.006 %0.4
Lithium$0.000.075 %4.8
Tin$0.000.045 %2.9
Cobalt$0.000.059 %3.8
Molybdenum0.001 %$0.440.047 %3.0
Uranium$0.000.011 %0.7
Iron Ore$0.0018.476 %1,201.0
Gallium$0.0072.485 g/t4,711.5
Total$20.56

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.