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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 RDG · AT25-002 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
$34.03
across 1.4 metres
Nugget — precious-metal value
$34.03 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$0.00 /t
gross $34.03 → recovered $30.63 − cost $40.00
Ag
100.0%$34.03/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.359 g/t0.5
Silver31.6 g/t$34.0331.600 g/t44.2
Platinum$0.001.075 g/t1.5
Palladium$0.001.091 g/t1.5
Rhodium$0.000.106 g/t0.1
Copper$0.000.332 %0.5
Zinc$0.001.206 %1.7
Nickel$0.000.207 %0.3
Lead$0.001.575 %2.2
Antimony$0.000.153 %0.2
Tungsten$0.000.010 %0.0
Lithium$0.000.124 %0.2
Tin$0.000.075 %0.1
Cobalt$0.000.098 %0.1
Molybdenum$0.000.077 %0.1
Uranium$0.000.018 %0.0
Iron Ore$0.0030.585 %42.8
Gallium$0.00119.989 g/t168.0
Total$34.03

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.