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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-9 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
$174.28
across 25.0 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $174.28/t
Residual — net realizable value
$116.85 /t
gross $174.28 → recovered $156.85 − cost $40.00
Cu
100.0%$174.28/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.001.837 g/t45.9
Silver$0.00161.808 g/t4,045.2
Platinum$0.005.503 g/t137.6
Palladium$0.005.588 g/t139.7
Rhodium$0.000.543 g/t13.6
Copper1.7 %$174.281.700 %42.5
Zinc$0.006.176 %154.4
Nickel$0.001.061 %26.5
Lead$0.008.066 %201.7
Antimony$0.000.783 %19.6
Tungsten$0.000.049 %1.2
Lithium$0.000.632 %15.8
Tin$0.000.384 %9.6
Cobalt$0.000.500 %12.5
Molybdenum$0.000.395 %9.9
Uranium$0.000.092 %2.3
Iron Ore$0.00156.610 %3,915.2
Gallium$0.00614.402 g/t15,360.1
Total$174.28

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.