Capital producing that, call it 40,000 oz. It has always been from one area, which is called the Western Vein Field, and it's one of those narrow vein, high grade. You keep on finding more, and it's never had more than two years in reserves. It's always been a challenge on life. What we are doing, though, if you look at that image on the right-hand side which says Exploration and Project Potential, that's an old open-pit mine. We'll talk a little about the opportunity in that, because that was an old underground mine. Probably go to that slide. It was an old underground mine, mined in the 1930s at 10 g a ton. Everything less of that was sort of left behind. We've taken the life for Cracow from a two-year reserve position to over a five-year mine plan. That's exciting.
The work will be done, obviously then you say, well, where does Cracow go from there? You can see in that image the Western Vein Field, already mined 2,500,000 oz. Golden Plateau is literally a kilometer from the plant, so it's close by. Infrastructure is there, it's on the mining lease. If we start that up, it would be within the next 12 months. The real greenfields opportunity is to the south of the workings, all the geological work is done. Targets has been set. We're busy talking to the landowner to get access to drill that Southern Vein Field.
The view is you're targeting another Western Vein Field in that Southern Vein Field area, and that is where we see with Golden Plateau at the current mine, it buys you time to drill those greenfields targets and see how you bring that into production. Just touching on the projects. Stockman, it's already got a 15,000,000 ton resource on it. It's a 10,000,000 t on reserve. The copper equivalent grade is 3.7% copper, it's good grade. The Feasibility Study is literally months away, we will bring that to the market. Very exciting project in Victoria. A lot of people ask me about approvals and will you get approvals. I think Victoria is one of the states which is probably the easiest and most motivated to get those things in place. We already got a mining lease.
We've already got an Environmental Impact Statement approved. It's really just finishing it off, get the final approvals, take it to a final feasibility stage. Jaguar. The history about Jaguar, we bought it probably four years ago now. After 12 months, zinc price came off by 30%. We needed to invest more money, we really literally said, we'll put it in care and maintenance. We need more resources before you restart the mine. We've now got it to a point where it costs about AUD 2.5 million for just care and maintenance. We brought it all the way back and now we're looking at, well, where do we focus our attention from an exploration point of view? The first one on the left-hand side is these are the base metal targets.
There's already eight base metal targets which we're looking at. We've already drilled one hole in each. We're waiting for the results to come back. One of the real option value opportunities at Jaguar is actually the gold. If you look at where it sits, it sits between Thunderbox, which is a Northern Star Resources asset, and King of the Hills, which is Vault, which will be soon, I guess, Genesis Minerals. In between the 62 km of unexplored gold anomalies. We will be starting to do some gold drilling in those this year. Clearly for us, if you find a good-size gold deposit there, you've got gold miners around you and you've got a plant and infrastructure which you can turn into a gold process facility as well. That's what we're doing with Jaguar.
I guess just to close off, the company has moved a long way in the last 12 months. There's a lot more to come. We were trading at AUD 0.70 before the war started and we're now trading at AUD 0.40. We do believe that with the life of the assets, the reserve resource positions we put out, the commodity prices which we're looking at, there's significant value and upside for Aeris going forward. Thank you very much.
Thank you, Andre. Fantastic presentation. We're going to shift back to West Australian Gold. This will be a good one to listen to. There is a recently released PFS on the exciting Minyari Dome project. Please welcome Managing Director Roger Mason from Antipa Minerals.
Thanks, Chris, for the introduction, thanks everyone for your time. Just a correction there. The PFS is not quite out yet, Chris, keep your powder dry there. It's our standard disclaimer. Antipa is a premier ASX-listed gold, copper, exploration, and development company. Our massive portfolio, shown here in yellow, covers over 4,500 sq km of Western Australia, extending for 180 km from south of Telfer to north of Winu. Over the last decade, the Paterson Province's endowment has grown by a staggering 20,000,000 oz of gold, 3,400,000 tons of copper, and 60,000,000 oz of silver from greenfield discoveries. The province boasts three large-scale gold, copper, silver development projects, which Antipa's Minyari Dome is one of.
Our portfolio provides serious potential for further large-scale greenfield discoveries and brownfield resource growth. Our major and aggressive drill programs are well-funded, along with our technical studies, which I'll come to. Antipa's market cap today is about AUD 400 million. At the end of March, we had AUD 48 million in cash.
Our current EV per gold resource ounce is AUD 122. 59% of our register is held by a select group. With Greatland Resources the owner of the nearby massive Telfer gold plant, owning 6%. Institutions holding 48%, representing a strong endorsement of Antipa's team, strategy, and assets. All groups cover us with price targets up to AUD 2.25, well beyond our current share price, highlighting the analysts' very positive view on potential upside. Antipa's value is underpinned by a significant resource base of 3.6 million gold equivalent ounces, which forms the basis of our standalone Minyari Dome development opportunity.
Our 2,900,000 oz gold resource also has 91,000 tons of copper and 880,000 oz of silver. At Minyari Dome, the development area, 85% of the 2,500,000 oz gold resource is Indicated Resource, which forms the basis for the upcoming PFS Ore Reserve estimation. Over the last three years, we've grown our resource by 1.3 million gold equivalent ounces. We expect further growth this year as we target resource extensions with the objective of enhancing the development opportunity by extending the project life. Our Minyari Dome 2024 Scoping Study confirmed the development potential for a significant standalone operation, boasting a mining inventory of 1,500,000 oz of gold at 1.5 g/ ton, plus 500,000 oz of silver.
The project's initial processing life is 10+ years at a throughput of 3,000,000 tons per annum, producing an impressive 130,000 oz of gold per annum for the first 10 years. Using a gold price of AUD 5,000 /oz , the Scoping Study generated a post-tax NPV at 7% of AUD 1.8 billion. Given the strength of these results, a Pre-Feasibility Study was commenced last year, which is due for completion in several months. The PFS is also highlighting the potential for up to 60,000 tons of copper production. The Scoping Study chart shows how much cash Minyari Dome could generate. At AUD 5,000 an ounce, the Scoping Study highlighted the potential for AUD 2.8 billion of free cash flow post-tax, averaging AUD 300 million over the first 10 years. The serious annual cash generation opportunity provides motivation to extend the project's mine life via drilling.
These graphs highlight how significant Antipa's resource is within the Australian landscape with undeveloped gold projects. This peer group represents both producer and non-producer-owned gold projects with a resource grade greater than 1 g/ ton, with Minyari placed third largest in the Australian queue for contained ounces. Notably, there has been corporate activity for four of the top five gold projects on this chart. Minyari Dome is today one of the top three or four gold development projects in Australia not in the hands of a producer. Antipa's strong balance sheet is being applied to several key work streams aimed at unlocking value. It delivers us the ability to complete technical studies to de-risk the development opportunity, concurrent with growth and discovery drilling programs. We've assembled our own highly experienced study team and engaged leading industry consultants who are delivering exceptional results.
Our substantial Phase 1 growth and discovery drill program commenced late April and involves 41,000 m testing resource growth and discovery targets, all within trucking distance of our Minyari Dome development opportunity. The Phase 1 program priorities include testing multiple targets within several kilometers of Minyari's future processing plant. Multiple Telfer-style gold, copper, air core, and electromagnetics targets at Tim's Dome. Multiple large gold, air copper anomalies at GEO-01, and the large-scale Mollie base and precious metal geophysical target. We've completed about 19,000 m of this Phase 1 program, with results recently received for the first 3,500 m, highlighting further Minyari Dome resource growth. The development area hosts a significant mineral system, which we've barely scratched the surface of. This long section highlights potential for significant resource growth, with multiple deposits remaining open at depths ranging from 50 m- 600 m below surface.
Keeping in mind that both Telfer and Havieron remain open at 1.5 km below surface. There's another 24 km of this highly prospective Minyari Dome strike that has received very limited drilling. This Minyari deposit cross-section highlights the exceptional size of this gold, copper, silver ore body. Minyari's 1,900,000 oz gold resource starts at the surface, is up to 300 m thick, and extends to a depth of 600 m, delivering up to 3,000 oz of gold per vertical meter. Exceptional Minyari intersections include 154 m at 2.1 g/ ton gold, 142 m at 1.9 g/ ton, and 35 m at 3.5 g/ ton. Just 1.3 km south of Minyari is the GEO-01 area, and its 300,000 oz gold resource, where the primary focus remains extending resources at multiple deposits.
GEO-01 growth opportunities include the recently announced 200 m extensions to the Fiama North lode within the blue envelope on this slide, where near surface discovery intersections include 25 m at 1.4 g/ ton gold and 22 m at 0.9 g/ ton. In addition, discoveries to the south within the green envelope include three distinct ore horizons with a combined strike length of 2 km, where broad-spaced drilling has intersected high grade mineralization, such as 31 m at 1.4 / ton gold, including 1 m at 40 g/ ton, and 6 m at 4.1 g/ ton gold, including 2 m at 12 g/ ton. Minyari Dome's Fiama deposit has delivered bonanza gold intersections up to 520 g-m , with high-grade mineralization remaining open in multiple directions.
Bonanza Fiama intersections include 33 m at 16 g/ ton gold, including 3 m at 150 g/ ton, and 23 m at 7 g/ ton, including 2 m at 62 g/ ton. This year, we'll be chasing resource growth by extending these high grade Fiama lodes. 30 km southwest of Minyari is our satellite development opportunity, Tim's Dome, where we already have an existing 110,000 oz gold resource with growth potential and discovery opportunities. At Tim's Dome, multiple Telfer-style gold targets have been identified by air core drilling and electromagnetics, and they're located within the northwest continuation of the Telfer geological and structural setting. Phase 1 Tim's Dome program involves both RC and diamond core drilling, and the WA government is contributing AUD 180,000 to co-fund this work.
Southeast of Telfer is our exciting Mollie base metal, including tungsten and precious metal skarn target, which isn't far from its conceptual analog, the O'Callaghans skarn deposit, which is Australia's largest tungsten resource. Mollie is a large, roughly 1 km by 2 km coincident geophysical anomaly, both magnetic and gravity high, located just 6 km along strike from the Grace gold-copper breccia deposit and its 200,000 oz gold resource. Limited historic RC drilling failed to reach the Mollie geophysical anomaly that returned low-grade gold mineralization several hundred meters above the geophysical target. This year, we plan to test Mollie with diamond core drilling, again, with the WA Government contributing AUD 220,000 to co-fund this work. In wrapping up, Antipa is emerging as a significant gold-copper business with several re-rate catalysts in a region which is emerging as Australia's next prolific mining province.
Antipa remains focused on advancing Minyari Dome through de-risking milestones to reach a final investment decision and become a 130,000 oz per annum gold producer. As we make this progression, we think that the company's valuation will begin to reflect the underlying value of the development project, plus the additional growth and discovery opportunities. There'll be plenty of positive news flow this year, which is perfect timing, with high gold and copper prices and M&A accelerating. We think Antipa represents a compelling investment opportunity for investors looking for pre-production gold-copper opportunities in Australia, with added exposure to Aeris resource growth and discovery leverage. The company is well managed and attractively priced relative to analyst valuations. I'd encourage everyone to take a closer look at Antipa. Thanks very much for your time.