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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 SGC · SGPDH26-09 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
$303.50
across 0.5 metres
Nugget — precious-metal value
$303.50 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$233.15 /t
gross $303.50 → recovered $273.15 − cost $40.00
Au
100.0%$303.50/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold3.2 g/t$303.503.200 g/t1.6
Silver$0.00281.791 g/t140.9
Platinum$0.009.584 g/t4.8
Palladium$0.009.732 g/t4.9
Rhodium$0.000.946 g/t0.5
Copper$0.002.961 %1.5
Zinc$0.0010.755 %5.4
Nickel$0.001.848 %0.9
Lead$0.0014.048 %7.0
Antimony$0.001.364 %0.7
Tungsten$0.000.085 %0.0
Lithium$0.001.101 %0.6
Tin$0.000.668 %0.3
Cobalt$0.000.871 %0.4
Molybdenum$0.000.688 %0.3
Uranium$0.000.160 %0.1
Iron Ore$0.00272.738 %136.4
Gallium$0.001,069.991 g/t535.0
Total$303.50

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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