Dec 8 (Reuters) - Bligh Resources Ltd BGH.AX :
* Bligh to increase ownership in bundarra gold project to 100% via agreement with jv partner contained gold
* Agreement terminates jv for consideration payable of $1.1 million
* Signed a binding term sheet with contained gold pty ltd to terminate the joint venture covering the bundarra project Source text for Eikon: Further company coverage: BGH.AX