March 26 (Reuters) - Westgold Resources Ltd WGX.AX :
* WESTGOLD TO SELL HIGGINSVILLE GOLD OPERATIONS TO RNC MINERALS
* DEAL FOR $25 MILLION IN CASH AND $25 MILLION IN RNC SHARES
* REACHED AN AGREEMENT TO DIVEST ITS HIGGINSVILLE GOLD OPERATIONS TO RNC MINERALS
* PROPOSED TRANSACTION IS SUBJECT TO FIRB AND TORONTO STOCK EXCHANGE APPROVAL IF REQUIRED