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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 TTG · DDH-84-52 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
$335.75
across 102.0 metres
Nugget — precious-metal value
$335.75 /t
100% of total value · base metals $0.00/t
Residual — net realizable value
$262.17 /t
gross $335.75 → recovered $302.17 − cost $40.00
Au
100.0%$335.75/t
Equivalent Grades
MetalInput Grade$/tonneEq. GradeGram-m
Gold3.54 g/t$335.753.540 g/t361.1
Silver$0.00311.731 g/t31,796.6
Platinum$0.0010.602 g/t1,081.4
Palladium$0.0010.766 g/t1,098.1
Rhodium$0.001.047 g/t106.8
Copper$0.003.275 %334.1
Zinc$0.0011.898 %1,213.6
Nickel$0.002.044 %208.5
Lead$0.0015.540 %1,585.1
Antimony$0.001.509 %154.0
Tungsten$0.000.094 %9.6
Lithium$0.001.218 %124.3
Tin$0.000.739 %75.4
Cobalt$0.000.964 %98.3
Molybdenum$0.000.761 %77.7
Uranium$0.000.177 %18.1
Iron Ore$0.00301.716 %30,775.1
Gallium$0.001,183.677 g/t120,735.1
Total$335.75

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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