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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 · CA26-595 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
$199.17
across 19.1 metres
Nugget — precious-metal value
$199.17 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$139.26 /t
gross $199.17 → recovered $179.26 − cost $40.00
Au
100.0%$199.17/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold2.1 g/t$199.172.100 g/t40.1
Silver$0.00184.925 g/t3,532.1
Platinum$0.006.289 g/t120.1
Palladium$0.006.387 g/t122.0
Rhodium$0.000.621 g/t11.9
Copper$0.001.943 %37.1
Zinc$0.007.058 %134.8
Nickel$0.001.213 %23.2
Lead$0.009.219 %176.1
Antimony$0.000.895 %17.1
Tungsten$0.000.056 %1.1
Lithium$0.000.723 %13.8
Tin$0.000.438 %8.4
Cobalt$0.000.572 %10.9
Molybdenum$0.000.452 %8.6
Uranium$0.000.105 %2.0
Iron Ore$0.00178.984 %3,418.6
Gallium$0.00702.181 g/t13,411.7
Total$199.17

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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