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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 WINS · RBD013 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
$156,997.23
across 1.0 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $156,997.23/t
Residual — net realizable value
$141,257.51 /t
gross $156,997.23 → recovered $141,297.51 − cost $40.00
Cu
0.0%$61.51/t
Ni
0.1%$187.24/t
Co
99.8%$156,748.48/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.001,655.310 g/t1,655.3
Silver$0.00145,766.069 g/t145,766.1
Platinum$0.004,957.526 g/t4,957.5
Palladium$0.005,034.189 g/t5,034.2
Rhodium$0.00489.540 g/t489.5
Copper0.6 %$61.511,531.459 %1,531.5
Zinc$0.005,563.502 %5,563.5
Nickel1.14 %$187.24955.877 %955.9
Lead$0.007,266.615 %7,266.6
Antimony$0.00705.776 %705.8
Tungsten$0.0043.977 %44.0
Lithium$0.00569.703 %569.7
Tin$0.00345.526 %345.5
Cobalt450 %$156,748.48450.714 %450.7
Molybdenum$0.00356.064 %356.1
Uranium$0.0082.758 %82.8
Iron Ore$0.00141,083.060 %141,083.1
Gallium$0.00553,489.262 g/t553,489.3
Total$156,997.23

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.