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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 BTR · BAR-26-0616 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
$324.37
across 2.1 metres
Nugget — precious-metal value
$324.37 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$251.93 /t
gross $324.37 → recovered $291.93 − cost $40.00
Au
100.0%$324.37/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold3.42 g/t$324.373.420 g/t7.2
Silver$0.00301.164 g/t632.4
Platinum$0.0010.243 g/t21.5
Palladium$0.0010.401 g/t21.8
Rhodium$0.001.011 g/t2.1
Copper$0.003.164 %6.6
Zinc$0.0011.495 %24.1
Nickel$0.001.975 %4.1
Lead$0.0015.013 %31.5
Antimony$0.001.458 %3.1
Tungsten$0.000.091 %0.2
Lithium$0.001.177 %2.5
Tin$0.000.714 %1.5
Cobalt$0.000.931 %2.0
Molybdenum$0.000.736 %1.5
Uranium$0.000.171 %0.4
Iron Ore$0.00291.489 %612.1
Gallium$0.001,143.552 g/t2,401.5
Total$324.37

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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