July 3 (Reuters) - Westgold Resources Ltd WGX.AX :
* SIGNS NON-BINDING TERM SHEET WITH MUSGRAVE MINERALS LIMITED
* TERM SHEET TO LEAD TO MINING,PROFIT SHARING FROM A NUMBER OF MINES NEAR CO'S TUCKABIANNA, BLUEBIRD PROCESSING HUBS
July 3 (Reuters) - Westgold Resources Ltd WGX.AX :
* SIGNS NON-BINDING TERM SHEET WITH MUSGRAVE MINERALS LIMITED
* TERM SHEET TO LEAD TO MINING,PROFIT SHARING FROM A NUMBER OF MINES NEAR CO'S TUCKABIANNA, BLUEBIRD PROCESSING HUBS