content: <PAGE>  1
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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                               Washington D.C.  20549
  
  
                                     FORM 8-K
  
  
                                  CURRENT REPORT
      Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
  
                  Date of Report (Date of earliest event reported):
                          March 12, 1998 (March 6, 1998)
  
  
                                 ICHOR CORPORATION
               (Exact name of Registrant as specified in its charter)
  
  
                                     Delaware
                           (State of Incorporation)
  
  
          000-25132                                   25-1741849
  (Commission File Number)             (I.R.S. Employer Identification No.)
  
  
      Suite 1250, 400 Burrard Street, Vancouver, British Columbia  V6C 3A6
        (Address of principal executive offices, including postal code)
  
  
                                   (604) 683-5767
                   (Registrant's telephone number, including area code)
  
  
  
  
  
  
  
  
  
  
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  <PAGE>  2
  
  ITEM 5.  OTHER EVENTS.
  
  On March 6, 1998, ICHOR Corporation ("Ichor") completed the sale and 
  issuance of an aggregate of 467,500 shares of 5% Cumulative Redeemable 
  Convertible Preferred Stock, Series 1 of Ichor (the "Preferred Stock") in 
  consideration of debt forgiveness of $2,175,000 and cash of $2,500,000.
  
  The NASDAQ Stock Market Inc. has required that Ichor file unaudited 
  consolidated financial statements consisting of an unaudited consolidated 
  balance sheet as at February 28, 1998 and an unaudited consolidated income 
  statement for the two months ended February 28, 1998 (the "Financial 
  Statements") to confirm Ichor's compliance with the new Nasdaq SmallCap 
  Market Listing requirements.  As a result, Ichor has attached the Financial 
  Statements as Exhibit 2.1 hereto. The Financial Statements are qualified in 
  their entirety by reference to Ichor's audited financial statements and 
  related notes to be filed with its Form 10-K for the year ended December 
  31, 1997. While management of Ichor believes such unaudited financial 
  statements include all adjustments necessary for a fair presentation of the 
  financial position and results of operations for the specified period, 
  reference to Ichor's audited year end statements is necessary to understand 
  the changes in financial position and results of operations from Ichor's 
  interim and audited consolidated financial statements for the three and 
  nine months ended September 30, 1997.  The Financial Statements do not give 
  effect to the pending acquisition of Gruppo San Rocco SpA disclosed in 
  Ichor's Form 8-K dated January 7, 1998.
  
  ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.
  
  (c)  Exhibits.
  
  Exhibit
  Number                                 Description
  -------                                -----------
  
    4.1       Certificate of Designations.
  
    99.1      Unaudited Consolidated Balance Sheet as at February 28, 1998
              and Unaudited Consolidated Statement of Operations for the two
              months ended February 28, 1998.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  <PAGE>  3
  
  
                                   SIGNATURES
                                   ----------
  
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the 
  Registrant has duly caused this report to be signed on its behalf by the 
  undersigned, thereunto duly authorized.
  
  
  
  
                                   ICHOR CORPORATION
  
                                   By:   /s/ Michael J. Smith
                                       --------------------------------------
                                       Michael J. Smith, Chief Financial
                                       Officer and Director
  
  
  Date:  March 12, 1998
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  <PAGE>  4
  
  
                                ICHOR CORPORATION
                                    FORM 8-K
  
                                  EXHIBIT INDEX
  
  Exhibit
  Number                                 Description
  -------                                -----------
  
    4.1        Certificate of Designations.
  
    99.1       Unaudited Consolidated Balance Sheet as at February 28, 1998
               and Unaudited Consolidated Statement of Operations for the two
               months ended February 28, 1998.
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metadata_filer: {"company-data": {"conformed-name": "ICHOR CORP", "cik": "0000927761", "assigned-sic": "4955", "irs-number": "251741849", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-25132", "film-number": "98564351"}, "business-address": {"street1": "300 OXFORD DR", "city": "MONROEVILLE", "state": "PA", "zip": "15146", "phone": "4128562200"}, "mail-address": {"street1": "300 OXFORD DR", "city": "MONROEVILLE", "state": "PA", "zip": "15146"}, "former-company": {"former-conformed-name": "PDG REMEDIATION INC", "date-changed": "19940801"}}
text: 1
  ===========================================================================
  
                    U.S. SECURITIES AND EXCHANGE COMMISSION
                               Washington D.C.  20549
  
                                     FORM 8-K
  
                                  CURRENT REPORT
      Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
                  Date of Report (Date of earliest event reported):
                          March 12, 1998 (March 6, 1998)
  
                                 ICHOR CORPORATION
               (Exact name of Registrant as specified in its charter)
  
                                     Delaware
                           (State of Incorporation)
  
          000-25132                                   25-1741849
  (Commission File Number)             (I.R.S. Employer Identification No.)
  
      Suite 1250, 400 Burrard Street, Vancouver, British Columbia  V6C 3A6
        (Address of principal executive offices, including postal code)
  
                                   (604) 683-5767
                   (Registrant's telephone number, including area code)
  
  ===========================================================================
  2
  
  ITEM 5.  OTHER EVENTS.
  
  On March 6, 1998, ICHOR Corporation ("Ichor") completed the sale and 
  issuance of an aggregate of 467,500 shares of 5% Cumulative Redeemable 
  Convertible Preferred Stock, Series 1 of Ichor (the "Preferred Stock") in 
  consideration of debt forgiveness of $2,175,000 and cash of $2,500,000.
  
  The NASDAQ Stock Market Inc. has required that Ichor file unaudited 
  consolidated financial statements consisting of an unaudited consolidated 
  balance sheet as at February 28, 1998 and an unaudited consolidated income 
  statement for the two months ended February 28, 1998 (the "Financial 
  Statements") to confirm Ichor's compliance with the new Nasdaq SmallCap 
  Market Listing requirements.  As a result, Ichor has attached the Financial 
  Statements as Exhibit 2.1 hereto. The Financial Statements are qualified in 
  their entirety by reference to Ichor's audited financial statements and 
  related notes to be filed with its Form 10-K for the year ended December 
  31, 1997. While management of Ichor believes such unaudited financial 
  statements include all adjustments necessary for a fair presentation of the 
  financial position and results of operations for the specified period, 
  reference to Ichor's audited year end statements is necessary to understand 
  the changes in financial position and results of operations from Ichor's 
  interim and audited consolidated financial statements for the three and 
  nine months ended September 30, 1997.  The Financial Statements do not give 
  effect to the pending acquisition of Gruppo San Rocco SpA disclosed in 
  Ichor's Form 8-K dated January 7, 1998.
  
  ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.
  
  (c)  Exhibits.
  
  Exhibit
  Number                                 Description
  -------                                -----------
  
    4.1       Certificate of Designations.
  
    99.1      Unaudited Consolidated Balance Sheet as at February 28, 1998
              and Unaudited Consolidated Statement of Operations for the two
              months ended February 28, 1998.
  3
  
                                   SIGNATURES
                                   ----------
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the 
  Registrant has duly caused this report to be signed on its behalf by the 
  undersigned, thereunto duly authorized.
  
                                   ICHOR CORPORATION
  
                                   By:   /s/ Michael J. Smith
                                       --------------------------------------
                                       Michael J. Smith, Chief Financial
                                       Officer and Director
  
  Date:  March 12, 1998
  4
  
                                ICHOR CORPORATION
                                    FORM 8-K
  
                                  EXHIBIT INDEX
  
  Exhibit
  Number                                 Description
  -------                                -----------
  
    4.1        Certificate of Designations.
  
    99.1       Unaudited Consolidated Balance Sheet as at February 28, 1998
               and Unaudited Consolidated Statement of Operations for the two
               months ended February 28, 1998.