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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 RDS · OB-26-387W4 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
$500.78
across 1.0 metres
Nugget — precious-metal value
$500.78 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$410.70 /t
gross $500.78 → recovered $450.70 − cost $40.00
Au
100.0%$500.78/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold5.28 g/t$500.785.280 g/t5.3
Silver$0.00464.955 g/t465.0
Platinum$0.0015.813 g/t15.8
Palladium$0.0016.058 g/t16.1
Rhodium$0.001.562 g/t1.6
Copper$0.004.885 %4.9
Zinc$0.0017.746 %17.7
Nickel$0.003.049 %3.0
Lead$0.0023.179 %23.2
Antimony$0.002.251 %2.3
Tungsten$0.000.140 %0.1
Lithium$0.001.817 %1.8
Tin$0.001.102 %1.1
Cobalt$0.001.438 %1.4
Molybdenum$0.001.136 %1.1
Uranium$0.000.264 %0.3
Iron Ore$0.00450.018 %450.0
Gallium$0.001,765.484 g/t1,765.5
Total$500.78

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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