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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 · AT26-17 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
$892.50
across 0.3 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $892.50/t
Residual — net realizable value
$763.25 /t
gross $892.50 → recovered $803.25 − cost $40.00
W
100.0%$892.50/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.009.410 g/t2.8
Silver$0.00828.653 g/t248.6
Platinum$0.0028.183 g/t8.5
Palladium$0.0028.618 g/t8.6
Rhodium$0.002.783 g/t0.8
Copper$0.008.706 %2.6
Zinc$0.0031.627 %9.5
Nickel$0.005.434 %1.6
Lead$0.0041.309 %12.4
Antimony$0.004.012 %1.2
Tungsten0.25 %$892.500.250 %0.1
Lithium$0.003.239 %1.0
Tin$0.001.964 %0.6
Cobalt$0.002.562 %0.8
Molybdenum$0.002.024 %0.6
Uranium$0.000.470 %0.1
Iron Ore$0.00802.031 %240.6
Gallium$0.003,146.483 g/t943.9
Total$892.50

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.