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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 · RC21 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
$9.59
across 88.0 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $9.59/t
Residual — net realizable value
$0.00 /t
gross $9.59 → recovered $8.64 − cost $40.00
Zn
100.0%$9.59/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.101 g/t8.9
Silver$0.008.908 g/t783.9
Platinum$0.000.303 g/t26.7
Palladium$0.000.308 g/t27.1
Rhodium$0.000.030 g/t2.6
Copper$0.000.094 %8.2
Zinc0.34 %$9.590.340 %29.9
Nickel$0.000.058 %5.1
Lead$0.000.444 %39.1
Antimony$0.000.043 %3.8
Tungsten$0.000.003 %0.2
Lithium$0.000.035 %3.1
Tin$0.000.021 %1.9
Cobalt$0.000.028 %2.4
Molybdenum$0.000.022 %1.9
Uranium$0.000.005 %0.4
Iron Ore$0.008.622 %758.7
Gallium$0.0033.825 g/t2,976.6
Total$9.59

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.