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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 ECR · CA26-341 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
$294.02
across 3.0 metres
Nugget — precious-metal value
$294.02 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$224.62 /t
gross $294.02 → recovered $264.62 − cost $40.00
Au
100.0%$294.02/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold3.1 g/t$294.023.100 g/t9.3
Silver$0.00272.985 g/t819.0
Platinum$0.009.284 g/t27.9
Palladium$0.009.428 g/t28.3
Rhodium$0.000.917 g/t2.8
Copper$0.002.868 %8.6
Zinc$0.0010.419 %31.3
Nickel$0.001.790 %5.4
Lead$0.0013.609 %40.8
Antimony$0.001.322 %4.0
Tungsten$0.000.082 %0.2
Lithium$0.001.067 %3.2
Tin$0.000.647 %1.9
Cobalt$0.000.844 %2.5
Molybdenum$0.000.667 %2.0
Uranium$0.000.155 %0.5
Iron Ore$0.00264.215 %792.6
Gallium$0.001,036.553 g/t3,109.7
Total$294.02

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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