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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 GRBM · TS26-005 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
$27.68
across 38.0 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $27.68/t
Residual — net realizable value
$0.00 /t
gross $27.68 → recovered $24.91 − cost $40.00
Cu
100.0%$27.68/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.292 g/t11.1
Silver$0.0025.699 g/t976.6
Platinum$0.000.874 g/t33.2
Palladium$0.000.888 g/t33.7
Rhodium$0.000.086 g/t3.3
Copper0.27 %$27.680.270 %10.3
Zinc$0.000.981 %37.3
Nickel$0.000.169 %6.4
Lead$0.001.281 %48.7
Antimony$0.000.124 %4.7
Tungsten$0.000.008 %0.3
Lithium$0.000.100 %3.8
Tin$0.000.061 %2.3
Cobalt$0.000.079 %3.0
Molybdenum$0.000.063 %2.4
Uranium$0.000.015 %0.6
Iron Ore$0.0024.873 %945.2
Gallium$0.0097.582 g/t3,708.1
Total$27.68

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.