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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 FVL · GS2548 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
$84.41
across 250.2 metres
Nugget — precious-metal value
$84.41 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$35.97 /t
gross $84.41 → recovered $75.97 − cost $40.00
Au
100.0%$84.41/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold0.89 g/t$84.410.890 g/t222.7
Silver$0.0078.373 g/t19,609.0
Platinum$0.002.665 g/t666.9
Palladium$0.002.707 g/t677.2
Rhodium$0.000.263 g/t65.9
Copper$0.000.823 %206.0
Zinc$0.002.991 %748.4
Nickel$0.000.514 %128.6
Lead$0.003.907 %977.5
Antimony$0.000.379 %94.9
Tungsten$0.000.024 %5.9
Lithium$0.000.306 %76.6
Tin$0.000.186 %46.5
Cobalt$0.000.242 %60.6
Molybdenum$0.000.191 %47.9
Uranium$0.000.044 %11.1
Iron Ore$0.0075.855 %18,979.0
Gallium$0.00297.591 g/t74,457.3
Total$84.41

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.