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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 ALTN · KOO26-01 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
$6.15
across 0.5 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $6.15/t
Residual — net realizable value
$0.00 /t
gross $6.15 → recovered $5.54 − cost $40.00
Cu
100.0%$6.15/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.065 g/t0.0
Silver$0.005.711 g/t2.9
Platinum$0.000.194 g/t0.1
Palladium$0.000.197 g/t0.1
Rhodium$0.000.019 g/t0.0
Copper0.06 %$6.150.060 %0.0
Zinc$0.000.218 %0.1
Nickel$0.000.037 %0.0
Lead$0.000.285 %0.1
Antimony$0.000.028 %0.0
Tungsten$0.000.002 %0.0
Lithium$0.000.022 %0.0
Tin$0.000.014 %0.0
Cobalt$0.000.018 %0.0
Molybdenum$0.000.014 %0.0
Uranium$0.000.003 %0.0
Iron Ore$0.005.527 %2.8
Gallium$0.0021.685 g/t10.8
Total$6.15

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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