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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 TUO · 21 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
$89.15
across 19.8 metres
Nugget — precious-metal value
$89.15 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$40.24 /t
gross $89.15 → recovered $80.24 − cost $40.00
Au
100.0%$89.15/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold0.94 g/t$89.150.940 g/t18.6
Silver$0.0082.776 g/t1,639.8
Platinum$0.002.815 g/t55.8
Palladium$0.002.859 g/t56.6
Rhodium$0.000.278 g/t5.5
Copper$0.000.870 %17.2
Zinc$0.003.159 %62.6
Nickel$0.000.543 %10.8
Lead$0.004.126 %81.7
Antimony$0.000.401 %7.9
Tungsten$0.000.025 %0.5
Lithium$0.000.324 %6.4
Tin$0.000.196 %3.9
Cobalt$0.000.256 %5.1
Molybdenum$0.000.202 %4.0
Uranium$0.000.047 %0.9
Iron Ore$0.0080.117 %1,587.1
Gallium$0.00314.310 g/t6,226.5
Total$89.15

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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