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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 · 2025-AID-021 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
$458.10
across 4.0 metres
Nugget — precious-metal value
$458.10 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$372.29 /t
gross $458.10 → recovered $412.29 − cost $40.00
Au
100.0%$458.10/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold4.83 g/t$458.104.830 g/t19.3
Silver$0.00425.328 g/t1,701.3
Platinum$0.0014.465 g/t57.9
Palladium$0.0014.689 g/t58.8
Rhodium$0.001.428 g/t5.7
Copper$0.004.469 %17.9
Zinc$0.0016.234 %64.9
Nickel$0.002.789 %11.2
Lead$0.0021.203 %84.8
Antimony$0.002.059 %8.2
Tungsten$0.000.128 %0.5
Lithium$0.001.662 %6.6
Tin$0.001.008 %4.0
Cobalt$0.001.315 %5.3
Molybdenum$0.001.039 %4.2
Uranium$0.000.241 %1.0
Iron Ore$0.00411.664 %1,646.7
Gallium$0.001,615.017 g/t6,460.1
Total$458.10

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.