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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 · AT26-15 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
$1,499.40
across 0.5 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $1,499.40/t
Residual — net realizable value
$1,309.46 /t
gross $1,499.40 → recovered $1,349.46 − cost $40.00
W
100.0%$1,499.40/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.0015.809 g/t7.3
Silver$0.001,392.137 g/t640.4
Platinum$0.0047.347 g/t21.8
Palladium$0.0048.079 g/t22.1
Rhodium$0.004.675 g/t2.2
Copper$0.0014.626 %6.7
Zinc$0.0053.134 %24.4
Nickel$0.009.129 %4.2
Lead$0.0069.400 %31.9
Antimony$0.006.741 %3.1
Tungsten0.42 %$1,499.400.420 %0.2
Lithium$0.005.441 %2.5
Tin$0.003.300 %1.5
Cobalt$0.004.305 %2.0
Molybdenum$0.003.401 %1.6
Uranium$0.000.790 %0.4
Iron Ore$0.001,347.412 %619.8
Gallium$0.005,286.092 g/t2,431.6
Total$1,499.40

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.