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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
$19.48
across 28.0 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $19.48/t
Residual — net realizable value
$0.00 /t
gross $19.48 → recovered $17.53 − cost $40.00
Cu
100.0%$19.48/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.205 g/t5.8
Silver$0.0018.084 g/t506.4
Platinum$0.000.615 g/t17.2
Palladium$0.000.625 g/t17.5
Rhodium$0.000.061 g/t1.7
Copper0.19 %$19.480.190 %5.3
Zinc$0.000.690 %19.3
Nickel$0.000.119 %3.3
Lead$0.000.902 %25.2
Antimony$0.000.088 %2.5
Tungsten$0.000.005 %0.2
Lithium$0.000.071 %2.0
Tin$0.000.043 %1.2
Cobalt$0.000.056 %1.6
Molybdenum$0.000.044 %1.2
Uranium$0.000.010 %0.3
Iron Ore$0.0017.503 %490.1
Gallium$0.0068.668 g/t1,922.7
Total$19.48

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.