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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 SASK · ML-DD-014 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
$2,086.78
across 28.9 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $2,086.78/t
Residual — net realizable value
$1,838.10 /t
gross $2,086.78 → recovered $1,878.10 − cost $40.00
U3O8
100.0%$2,086.78/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.0022.002 g/t635.9
Silver$0.001,937.500 g/t55,993.8
Platinum$0.0065.895 g/t1,904.4
Palladium$0.0066.914 g/t1,933.8
Rhodium$0.006.507 g/t188.0
Copper$0.0020.356 %588.3
Zinc$0.0073.949 %2,137.1
Nickel$0.0012.705 %367.2
Lead$0.0096.587 %2,791.4
Antimony$0.009.381 %271.1
Tungsten$0.000.585 %16.9
Lithium$0.007.572 %218.8
Tin$0.004.593 %132.7
Cobalt$0.005.991 %173.1
Molybdenum$0.004.733 %136.8
Uranium1.1 %$2,086.781.100 %31.8
Iron Ore$0.001,875.254 %54,194.9
Gallium$0.007,356.894 g/t212,614.2
Total$2,086.78

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.