Extractinator

The Extractinator is an item that turns Silt and Slush into more valuable items like ores, coins, and gems. To use the Extractinator, blocks of silt or slush must be placed directly on the Extractinator as if it has been placed in the world. The blocks must be placed within the Extractinator's 3×3 item frame. By default, two blocks of material from a stack will be consumed per click. However, single blocks can be processed as well for the full output value.

It is a rare find in underground Gold Chests, and it is an occasional find in Ice Chests. Each Ice Chest has approximately a 5% chance of containing an Extractinator.

Creates
This is not a complete list of all possible results. Also, percentage values may not be 100% correct.