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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 SGN · 26MN-080 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
$262.72
across 12.7 metres
Nugget — precious-metal value
$262.72 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$196.45 /t
gross $262.72 → recovered $236.45 − cost $40.00
Au
100.0%$262.72/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold2.77 g/t$262.722.770 g/t35.1
Silver$0.00243.925 g/t3,093.0
Platinum$0.008.296 g/t105.2
Palladium$0.008.424 g/t106.8
Rhodium$0.000.819 g/t10.4
Copper$0.002.563 %32.5
Zinc$0.009.310 %118.1
Nickel$0.001.600 %20.3
Lead$0.0012.160 %154.2
Antimony$0.001.181 %15.0
Tungsten$0.000.074 %0.9
Lithium$0.000.953 %12.1
Tin$0.000.578 %7.3
Cobalt$0.000.754 %9.6
Molybdenum$0.000.596 %7.6
Uranium$0.000.138 %1.8
Iron Ore$0.00236.089 %2,993.6
Gallium$0.00926.211 g/t11,744.4
Total$262.72

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.