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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 SGN · 26MN-057 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
$96.74
across 40.2 metres
Nugget — precious-metal value
$96.74 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$47.07 /t
gross $96.74 → recovered $87.07 − cost $40.00
Au
100.0%$96.74/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold1.02 g/t$96.741.020 g/t41.0
Silver$0.0089.821 g/t3,613.5
Platinum$0.003.055 g/t122.9
Palladium$0.003.102 g/t124.8
Rhodium$0.000.302 g/t12.1
Copper$0.000.944 %38.0
Zinc$0.003.428 %137.9
Nickel$0.000.589 %23.7
Lead$0.004.478 %180.1
Antimony$0.000.435 %17.5
Tungsten$0.000.027 %1.1
Lithium$0.000.351 %14.1
Tin$0.000.213 %8.6
Cobalt$0.000.278 %11.2
Molybdenum$0.000.219 %8.8
Uranium$0.000.051 %2.1
Iron Ore$0.0086.935 %3,497.4
Gallium$0.00341.059 g/t13,720.8
Total$96.74

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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