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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 MON · RC16 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
$14.35
across 114.0 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $14.35/t
Residual — net realizable value
$0.00 /t
gross $14.35 → recovered $12.92 − cost $40.00
Cu
100.0%$14.35/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.151 g/t17.3
Silver$0.0013.325 g/t1,519.1
Platinum$0.000.453 g/t51.7
Palladium$0.000.460 g/t52.5
Rhodium$0.000.045 g/t5.1
Copper0.14 %$14.350.140 %16.0
Zinc$0.000.509 %58.0
Nickel$0.000.087 %10.0
Lead$0.000.664 %75.7
Antimony$0.000.065 %7.4
Tungsten$0.000.004 %0.5
Lithium$0.000.052 %5.9
Tin$0.000.032 %3.6
Cobalt$0.000.041 %4.7
Molybdenum$0.000.033 %3.7
Uranium$0.000.008 %0.9
Iron Ore$0.0012.897 %1,470.3
Gallium$0.0050.598 g/t5,768.2
Total$14.35

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.