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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 ROCK · CL26042 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
$300.66
across 7.3 metres
Nugget — precious-metal value
$300.66 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$230.59 /t
gross $300.66 → recovered $270.59 − cost $40.00
Au
100.0%$300.66/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold3.17 g/t$300.663.170 g/t23.0
Silver$0.00279.149 g/t2,023.8
Platinum$0.009.494 g/t68.8
Palladium$0.009.641 g/t69.9
Rhodium$0.000.937 g/t6.8
Copper$0.002.933 %21.3
Zinc$0.0010.654 %77.2
Nickel$0.001.831 %13.3
Lead$0.0013.916 %100.9
Antimony$0.001.352 %9.8
Tungsten$0.000.084 %0.6
Lithium$0.001.091 %7.9
Tin$0.000.662 %4.8
Cobalt$0.000.863 %6.3
Molybdenum$0.000.682 %4.9
Uranium$0.000.158 %1.1
Iron Ore$0.00270.181 %1,958.8
Gallium$0.001,059.959 g/t7,684.7
Total$300.66

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.