March 7 (Reuters) - Zenith Minerals Ltd ZNC.AX :
* Zenith has agreed to a funding deal with a private company controlled by UK investor Jim Mellon
* Transaction includes contact details cash refund of Zenith's expenditure to date up to US$500,000, US$5 million in exploration expenditures over 3 years Source text for Eikon: Further company coverage: ZNC.AX