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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 FTZ · BRT-DDH059 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
$174.28
across 78.0 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $174.28/t
Residual — net realizable value
$116.85 /t
gross $174.28 → recovered $156.85 − cost $40.00
Cu
100.0%$174.28/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.001.837 g/t143.3
Silver$0.00161.808 g/t12,621.0
Platinum$0.005.503 g/t429.2
Palladium$0.005.588 g/t435.9
Rhodium$0.000.543 g/t42.4
Copper1.7 %$174.281.700 %132.6
Zinc$0.006.176 %481.7
Nickel$0.001.061 %82.8
Lead$0.008.066 %629.2
Antimony$0.000.783 %61.1
Tungsten$0.000.049 %3.8
Lithium$0.000.632 %49.3
Tin$0.000.384 %29.9
Cobalt$0.000.500 %39.0
Molybdenum$0.000.395 %30.8
Uranium$0.000.092 %7.2
Iron Ore$0.00156.610 %12,215.6
Gallium$0.00614.402 g/t47,923.4
Total$174.28

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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