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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 EU · 12-6 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
$56.91
across 0.8 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $56.91/t
Residual — net realizable value
$11.22 /t
gross $56.91 → recovered $51.22 − cost $40.00
U3O8
100.0%$56.91/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.600 g/t0.5
Silver$0.0052.841 g/t40.2
Platinum$0.001.797 g/t1.4
Palladium$0.001.825 g/t1.4
Rhodium$0.000.177 g/t0.1
Copper$0.000.555 %0.4
Zinc$0.002.017 %1.5
Nickel$0.000.347 %0.3
Lead$0.002.634 %2.0
Antimony$0.000.256 %0.2
Tungsten$0.000.016 %0.0
Lithium$0.000.207 %0.2
Tin$0.000.125 %0.1
Cobalt$0.000.163 %0.1
Molybdenum$0.000.129 %0.1
Uranium0.03 %$56.910.030 %0.0
Iron Ore$0.0051.143 %38.9
Gallium$0.00200.643 g/t152.5
Total$56.91

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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