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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 PX · SPDD26-006 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
$72.08
across 9.0 metres
Nugget — precious-metal value
$72.08 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$24.87 /t
gross $72.08 → recovered $64.87 − cost $40.00
Au
100.0%$72.08/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold0.76 g/t$72.080.760 g/t6.8
Silver$0.0066.925 g/t602.3
Platinum$0.002.276 g/t20.5
Palladium$0.002.311 g/t20.8
Rhodium$0.000.225 g/t2.0
Copper$0.000.703 %6.3
Zinc$0.002.554 %23.0
Nickel$0.000.439 %3.9
Lead$0.003.336 %30.0
Antimony$0.000.324 %2.9
Tungsten$0.000.020 %0.2
Lithium$0.000.262 %2.4
Tin$0.000.159 %1.4
Cobalt$0.000.207 %1.9
Molybdenum$0.000.163 %1.5
Uranium$0.000.038 %0.3
Iron Ore$0.0064.775 %583.0
Gallium$0.00254.123 g/t2,287.1
Total$72.08

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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