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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 BBB · LM-26-341 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
$753.93
across 2.0 metres
Nugget — precious-metal value
$753.93 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$638.54 /t
gross $753.93 → recovered $678.54 − cost $40.00
Ag
100.0%$753.93/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.007.949 g/t15.9
Silver700 g/t$753.93700.000 g/t1,400.0
Platinum$0.0023.807 g/t47.6
Palladium$0.0024.175 g/t48.4
Rhodium$0.002.351 g/t4.7
Copper$0.007.354 %14.7
Zinc$0.0026.717 %53.4
Nickel$0.004.590 %9.2
Lead$0.0034.896 %69.8
Antimony$0.003.389 %6.8
Tungsten$0.000.211 %0.4
Lithium$0.002.736 %5.5
Tin$0.001.659 %3.3
Cobalt$0.002.164 %4.3
Molybdenum$0.001.710 %3.4
Uranium$0.000.397 %0.8
Iron Ore$0.00677.511 %1,355.0
Gallium$0.002,657.974 g/t5,315.9
Total$753.93

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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