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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 ASHL · TAK-02-06 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
$292.12
across 7.6 metres
Nugget — precious-metal value
$292.12 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$222.91 /t
gross $292.12 → recovered $262.91 − cost $40.00
Au
100.0%$292.12/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold3.08 g/t$292.123.080 g/t23.3
Silver$0.00271.224 g/t2,053.2
Platinum$0.009.224 g/t69.8
Palladium$0.009.367 g/t70.9
Rhodium$0.000.911 g/t6.9
Copper$0.002.850 %21.6
Zinc$0.0010.352 %78.4
Nickel$0.001.779 %13.5
Lead$0.0013.521 %102.4
Antimony$0.001.313 %9.9
Tungsten$0.000.082 %0.6
Lithium$0.001.060 %8.0
Tin$0.000.643 %4.9
Cobalt$0.000.839 %6.3
Molybdenum$0.000.663 %5.0
Uranium$0.000.154 %1.2
Iron Ore$0.00262.510 %1,987.2
Gallium$0.001,029.866 g/t7,796.1
Total$292.12

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.