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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 GTC · U-5 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
$92.26
across 12.2 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $92.26/t
Residual — net realizable value
$43.04 /t
gross $92.26 → recovered $83.04 − cost $40.00
Cu
100.0%$92.26/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.973 g/t11.9
Silver$0.0085.663 g/t1,045.1
Platinum$0.002.913 g/t35.5
Palladium$0.002.958 g/t36.1
Rhodium$0.000.288 g/t3.5
Copper0.9 %$92.260.900 %11.0
Zinc$0.003.270 %39.9
Nickel$0.000.562 %6.9
Lead$0.004.270 %52.1
Antimony$0.000.415 %5.1
Tungsten$0.000.026 %0.3
Lithium$0.000.335 %4.1
Tin$0.000.203 %2.5
Cobalt$0.000.265 %3.2
Molybdenum$0.000.209 %2.6
Uranium$0.000.049 %0.6
Iron Ore$0.0082.911 %1,011.5
Gallium$0.00325.272 g/t3,968.3
Total$92.26

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.