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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 GSKR · 2022-AID-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
$27.50
across 18.0 metres
Nugget — precious-metal value
$27.50 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$0.00 /t
gross $27.50 → recovered $24.75 − cost $40.00
Au
100.0%$27.50/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold0.29 g/t$27.500.290 g/t5.2
Silver$0.0025.537 g/t459.7
Platinum$0.000.869 g/t15.6
Palladium$0.000.882 g/t15.9
Rhodium$0.000.086 g/t1.5
Copper$0.000.268 %4.8
Zinc$0.000.975 %17.5
Nickel$0.000.167 %3.0
Lead$0.001.273 %22.9
Antimony$0.000.124 %2.2
Tungsten$0.000.008 %0.1
Lithium$0.000.100 %1.8
Tin$0.000.061 %1.1
Cobalt$0.000.079 %1.4
Molybdenum$0.000.062 %1.1
Uranium$0.000.014 %0.3
Iron Ore$0.0024.717 %444.9
Gallium$0.0096.968 g/t1,745.4
Total$27.50

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.