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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
$31.78
across 152.0 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $31.78/t
Residual — net realizable value
$0.00 /t
gross $31.78 → recovered $28.60 − cost $40.00
Cu
100.0%$31.78/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.335 g/t50.9
Silver$0.0029.506 g/t4,484.9
Platinum$0.001.004 g/t152.5
Palladium$0.001.019 g/t154.9
Rhodium$0.000.099 g/t15.1
Copper0.31 %$31.780.310 %47.1
Zinc$0.001.126 %171.2
Nickel$0.000.193 %29.4
Lead$0.001.471 %223.6
Antimony$0.000.143 %21.7
Tungsten$0.000.009 %1.4
Lithium$0.000.115 %17.5
Tin$0.000.070 %10.6
Cobalt$0.000.091 %13.9
Molybdenum$0.000.072 %11.0
Uranium$0.000.017 %2.5
Iron Ore$0.0028.558 %4,340.9
Gallium$0.00112.038 g/t17,029.8
Total$31.78

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.