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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-DDH058 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
$84.06
across 75.0 metres
Nugget — precious-metal value
$0.00 /t
0% of total value · base metals $84.06/t
Residual — net realizable value
$35.66 /t
gross $84.06 → recovered $75.66 − cost $40.00
Cu
100.0%$84.06/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold$0.000.886 g/t66.5
Silver$0.0078.049 g/t5,853.6
Platinum$0.002.654 g/t199.1
Palladium$0.002.695 g/t202.2
Rhodium$0.000.262 g/t19.7
Copper0.82 %$84.060.820 %61.5
Zinc$0.002.979 %223.4
Nickel$0.000.512 %38.4
Lead$0.003.891 %291.8
Antimony$0.000.378 %28.3
Tungsten$0.000.024 %1.8
Lithium$0.000.305 %22.9
Tin$0.000.185 %13.9
Cobalt$0.000.241 %18.1
Molybdenum$0.000.191 %14.3
Uranium$0.000.044 %3.3
Iron Ore$0.0075.541 %5,665.6
Gallium$0.00296.359 g/t22,226.9
Total$84.06

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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