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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 GFG · NAH-26-010 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
$112.87
across 12.1 metres
Nugget — precious-metal value
$112.87 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$61.58 /t
gross $112.87 → recovered $101.58 − cost $40.00
Au
100.0%$112.87/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold1.19 g/t$112.871.190 g/t14.4
Silver$0.00104.791 g/t1,268.0
Platinum$0.003.564 g/t43.1
Palladium$0.003.619 g/t43.8
Rhodium$0.000.352 g/t4.3
Copper$0.001.101 %13.3
Zinc$0.004.000 %48.4
Nickel$0.000.687 %8.3
Lead$0.005.224 %63.2
Antimony$0.000.507 %6.1
Tungsten$0.000.032 %0.4
Lithium$0.000.410 %5.0
Tin$0.000.248 %3.0
Cobalt$0.000.324 %3.9
Molybdenum$0.000.256 %3.1
Uranium$0.000.059 %0.7
Iron Ore$0.00101.424 %1,227.2
Gallium$0.00397.903 g/t4,814.6
Total$112.87

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.