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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
$407.83
across 3.0 metres
Nugget — precious-metal value
$407.83 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$327.05 /t
gross $407.83 → recovered $367.05 − cost $40.00
Au
100.0%$407.83/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold4.3 g/t$407.834.300 g/t12.9
Silver$0.00378.657 g/t1,136.0
Platinum$0.0012.878 g/t38.6
Palladium$0.0013.077 g/t39.2
Rhodium$0.001.272 g/t3.8
Copper$0.003.978 %11.9
Zinc$0.0014.452 %43.4
Nickel$0.002.483 %7.4
Lead$0.0018.876 %56.6
Antimony$0.001.833 %5.5
Tungsten$0.000.114 %0.3
Lithium$0.001.480 %4.4
Tin$0.000.898 %2.7
Cobalt$0.001.171 %3.5
Molybdenum$0.000.925 %2.8
Uranium$0.000.215 %0.6
Iron Ore$0.00366.492 %1,099.5
Gallium$0.001,437.800 g/t4,313.4
Total$407.83

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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