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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 CBG · TOM-25-014 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
$33.60
across 6.0 metres
Nugget — precious-metal value
$11.30 /t
34% of total value · base metals $22.29/t
Residual — net realizable value
$0.00 /t
gross $33.60 → recovered $30.24 − cost $40.00
Au
22.6%$7.59/t
Ag
11.1%$3.72/t
Zn
66.4%$22.29/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold0.08 g/t$7.590.354 g/t2.1
Silver3.45 g/t$3.7231.193 g/t187.2
Platinum$0.001.061 g/t6.4
Palladium$0.001.077 g/t6.5
Rhodium$0.000.105 g/t0.6
Copper$0.000.328 %2.0
Zinc0.79 %$22.291.191 %7.1
Nickel$0.000.205 %1.2
Lead$0.001.555 %9.3
Antimony$0.000.151 %0.9
Tungsten$0.000.009 %0.1
Lithium$0.000.122 %0.7
Tin$0.000.074 %0.4
Cobalt$0.000.096 %0.6
Molybdenum$0.000.076 %0.5
Uranium$0.000.018 %0.1
Iron Ore$0.0030.191 %181.1
Gallium$0.00118.444 g/t710.7
Total$33.60

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.