Morning briefing — free market intel before the open
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 GFG · NAH-26-005 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
$62.60
across 9.0 metres
Nugget — precious-metal value
$62.60 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$16.34 /t
gross $62.60 → recovered $56.34 − cost $40.00
Au
100.0%$62.60/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold0.66 g/t$62.600.660 g/t5.9
Silver$0.0058.119 g/t523.1
Platinum$0.001.977 g/t17.8
Palladium$0.002.007 g/t18.1
Rhodium$0.000.195 g/t1.8
Copper$0.000.611 %5.5
Zinc$0.002.218 %20.0
Nickel$0.000.381 %3.4
Lead$0.002.897 %26.1
Antimony$0.000.281 %2.5
Tungsten$0.000.018 %0.2
Lithium$0.000.227 %2.0
Tin$0.000.138 %1.2
Cobalt$0.000.180 %1.6
Molybdenum$0.000.142 %1.3
Uranium$0.000.033 %0.3
Iron Ore$0.0056.252 %506.3
Gallium$0.00220.686 g/t1,986.2
Total$62.60

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.