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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 PAAS · Hwy-15-142 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
$502.68
across 2.7 metres
Nugget — precious-metal value
$502.68 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$412.41 /t
gross $502.68 → recovered $452.41 − cost $40.00
Au
100.0%$502.68/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold5.3 g/t$502.685.300 g/t14.3
Silver$0.00466.716 g/t1,260.1
Platinum$0.0015.873 g/t42.9
Palladium$0.0016.119 g/t43.5
Rhodium$0.001.567 g/t4.2
Copper$0.004.903 %13.2
Zinc$0.0017.813 %48.1
Nickel$0.003.061 %8.3
Lead$0.0023.266 %62.8
Antimony$0.002.260 %6.1
Tungsten$0.000.141 %0.4
Lithium$0.001.824 %4.9
Tin$0.001.106 %3.0
Cobalt$0.001.443 %3.9
Molybdenum$0.001.140 %3.1
Uranium$0.000.265 %0.7
Iron Ore$0.00451.722 %1,219.7
Gallium$0.001,772.172 g/t4,784.9
Total$502.68

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.

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