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 AHR · JP22020 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
$16.78
across 210.0 metres
Nugget — precious-metal value
$13.71 /t
82% of total value · base metals $3.08/t
Residual — net realizable value
$0.00 /t
gross $16.78 → recovered $15.11 − cost $40.00
Au
79.1%$13.28/tAg
2.6%$0.43/tCu
18.3%$3.08/tEquivalent Grades
| Metal | Input Grade | $/tonne | Eq. Grade | Gram-m |
|---|---|---|---|---|
| Gold | 0.14 g/t | $13.28 | 0.177 g/t | 37.2 |
| Silver | 0.4 g/t | $0.43 | 15.584 g/t | 3,272.6 |
| Platinum | — | $0.00 | 0.530 g/t | 111.3 |
| Palladium | — | $0.00 | 0.538 g/t | 113.0 |
| Rhodium | — | $0.00 | 0.052 g/t | 11.0 |
| Copper | 0.03 % | $3.08 | 0.164 % | 34.4 |
| Zinc | — | $0.00 | 0.595 % | 124.9 |
| Nickel | — | $0.00 | 0.102 % | 21.5 |
| Lead | — | $0.00 | 0.777 % | 163.1 |
| Antimony | — | $0.00 | 0.075 % | 15.8 |
| Tungsten | — | $0.00 | 0.005 % | 1.0 |
| Lithium | — | $0.00 | 0.061 % | 12.8 |
| Tin | — | $0.00 | 0.037 % | 7.8 |
| Cobalt | — | $0.00 | 0.048 % | 10.1 |
| Molybdenum | — | $0.00 | 0.038 % | 8.0 |
| Uranium | — | $0.00 | 0.009 % | 1.9 |
| Iron Ore | — | $0.00 | 15.083 % | 3,167.5 |
| Gallium | — | $0.00 | 59.173 g/t | 12,426.4 |
| Total | $16.78 |
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.