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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 FURY · 26EC-102 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
$1,311.70
across 2.0 metres
Nugget — precious-metal value
$1,311.70 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$1,140.53 /t
gross $1,311.70 → recovered $1,180.53 − cost $40.00
Au
100.0%$1,311.70/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold13.83 g/t$1,311.7013.830 g/t27.2
Silver$0.001,217.866 g/t2,399.2
Platinum$0.0041.420 g/t81.6
Palladium$0.0042.060 g/t82.9
Rhodium$0.004.090 g/t8.1
Copper$0.0012.795 %25.2
Zinc$0.0046.483 %91.6
Nickel$0.007.986 %15.7
Lead$0.0060.712 %119.6
Antimony$0.005.897 %11.6
Tungsten$0.000.367 %0.7
Lithium$0.004.760 %9.4
Tin$0.002.887 %5.7
Cobalt$0.003.766 %7.4
Molybdenum$0.002.975 %5.9
Uranium$0.000.691 %1.4
Iron Ore$0.001,178.739 %2,322.1
Gallium$0.004,624.365 g/t9,110.0
Total$1,311.70

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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