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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 TUNG · AT26-14 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
$1,249.50
across 5.4 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $1,249.50/t
Residual — net realizable value
$1,084.55 /t
gross $1,249.50 → recovered $1,124.55 − cost $40.00
W
100.0%$1,249.50/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.0013.174 g/t71.5
Silver$0.001,160.114 g/t6,299.4
Platinum$0.0039.456 g/t214.2
Palladium$0.0040.066 g/t217.6
Rhodium$0.003.896 g/t21.2
Copper$0.0012.188 %66.2
Zinc$0.0044.278 %240.4
Nickel$0.007.608 %41.3
Lead$0.0057.833 %314.0
Antimony$0.005.617 %30.5
Tungsten0.35 %$1,249.500.350 %1.9
Lithium$0.004.534 %24.6
Tin$0.002.750 %14.9
Cobalt$0.003.587 %19.5
Molybdenum$0.002.834 %15.4
Uranium$0.000.659 %3.6
Iron Ore$0.001,122.843 %6,097.0
Gallium$0.004,405.077 g/t23,919.6
Total$1,249.50

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.