May 11 (Reuters) - Avnel Gold Mining Ltd AVK.TO
* Qtrly total revenue $3.3 million versus $3.1 million
* Company continues to forecast gold production of 8,600
ounces in 2016 at kalana mine
* Although kalana mine was cash flow positive in 2015, co
does not expect mine to be profitable under prevailing gold
price environment
* Avnel reports files first quarter 2016 financial
statements and md&a together with the filing of an amended and
restated annual information form
* Q1 loss per share $0.001
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