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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 · CL26038 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
$472.33
across 5.1 metres
Nugget — precious-metal value
$472.33 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$385.09 /t
gross $472.33 → recovered $425.09 − cost $40.00
Au
100.0%$472.33/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold4.98 g/t$472.334.980 g/t25.4
Silver$0.00438.537 g/t2,240.9
Platinum$0.0014.915 g/t76.2
Palladium$0.0015.145 g/t77.4
Rhodium$0.001.473 g/t7.5
Copper$0.004.607 %23.5
Zinc$0.0016.738 %85.5
Nickel$0.002.876 %14.7
Lead$0.0021.862 %111.7
Antimony$0.002.123 %10.9
Tungsten$0.000.132 %0.7
Lithium$0.001.714 %8.8
Tin$0.001.040 %5.3
Cobalt$0.001.356 %6.9
Molybdenum$0.001.071 %5.5
Uranium$0.000.249 %1.3
Iron Ore$0.00424.448 %2,168.9
Gallium$0.001,665.173 g/t8,509.0
Total$472.33

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.