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 CANX · G18-01 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
$119.91
across 31.5 metres
Nugget — precious-metal value
$119.91 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$67.92 /t
gross $119.91 → recovered $107.92 − cost $40.00
Au
64.1%$76.82/tAg
35.9%$43.08/tEquivalent Grades
| Metal | Input Grade | $/tonne | Eq. Grade | Gram-m |
|---|---|---|---|---|
| Gold | 0.81 g/t | $76.82 | 1.264 g/t | 39.8 |
| Silver | 40 g/t | $43.08 | 111.328 g/t | 3,506.8 |
| Platinum | — | $0.00 | 3.786 g/t | 119.3 |
| Palladium | — | $0.00 | 3.845 g/t | 121.1 |
| Rhodium | — | $0.00 | 0.374 g/t | 11.8 |
| Copper | — | $0.00 | 1.170 % | 36.8 |
| Zinc | — | $0.00 | 4.249 % | 133.8 |
| Nickel | — | $0.00 | 0.730 % | 23.0 |
| Lead | — | $0.00 | 5.550 % | 174.8 |
| Antimony | — | $0.00 | 0.539 % | 17.0 |
| Tungsten | — | $0.00 | 0.034 % | 1.1 |
| Lithium | — | $0.00 | 0.435 % | 13.7 |
| Tin | — | $0.00 | 0.264 % | 8.3 |
| Cobalt | — | $0.00 | 0.344 % | 10.8 |
| Molybdenum | — | $0.00 | 0.272 % | 8.6 |
| Uranium | — | $0.00 | 0.063 % | 2.0 |
| Iron Ore | — | $0.00 | 107.752 % | 3,394.2 |
| Gallium | — | $0.00 | 422.726 g/t | 13,315.9 |
| Total | $119.91 |
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.