UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Name of Issuer: ICHOR CORP
Title of Class of Securities: Common Stock
CUSIP Number: 693286106
(Name, Address and Telephone Number of Person
Authorized To Receive Notices and Communications)
Anthony J. Pace
981 Madison Avenue, 2nd Floor
New York, New York 10021
(Date of Event which Requires Filing of this Statement)
May 8, 1997
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box [ ].
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of
Section 18 of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act
(however, see the Notes).
CUSIP No. 693286106
1. Name of Reporting Person
I.R.S. Identification No. of Above Person
Anthony J. Pace
2. Check the appropriate box if a member of a group
a.
b.
3. SEC Use Only
4. SOURCE OF FUNDS
AF, PF
5. Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) of 2(e)
6. Citizenship or Place of Organization
U.S.
7. Sole Voting Power
53,050
8. Shared Voting Power
15,500
9. Sole Dispositive Power
53,050
10. Shared Dispositive Power
15,500
11. Aggregate Amount Beneficially Owned by Each Reporting Person
68,550
12. Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares*
13. Percent of Class Represented by Amount in Row (11)
1.40%
14. Type of Reporting Person*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1. Security and Issuer
This statement relates to shares of voting common
stock (the "Common Stock") of Ichor Corp* ("Ichor").
Ichor's principal executive office is located at 300 Oxford
Drive, Monroeville, Pennsylvania 15146.
Item 2. Identity and Background
No change.
Item 3. Source and Amount of Funds or Other Consideration
As of the date hereof, Mr. Pace is deemed to
beneficially own 68,550 shares of Ichor's Common Stock. All
68,550 shares are held by Mr. Pace or by the Accounts over
which Mr. Pace has investment discretion. The shares were
purchased in open market transactions for an aggregate cost
of $407,721.76. The funds for the purchase of the Common
Stock held in the Accounts over which Mr. Pace has
investment discretion have come from each account's own
funds. The funds for the purchase of Common Stock held by
Mr. Pace came from his own funds. Leverage was not used to
purchase shares of Ichor's Common Stock.
Item 4. Purpose of Transaction
No change.
Item 5. Interest in Securities of the Issuer
As of the date hereof, Mr. Pace is deemed to be the
beneficial owner of 68,550 shares of Ichor's Common Stock.
__________________
* Formerly named PDG Remediation Inc.
Based on Ichor's most recent Form 10-Q filing, there are
believed to be 4,907,520 shares of Ichor's Common Stock
outstanding. Therefore, Mr. Pace beneficially owns 1.40% of
Ichor's outstanding shares of Common Stock. Mr. Pace has
the shared power to vote, direct the vote, dispose of or
direct the disposition of 15,500 of the shares of Ichor's
Common Stock that he currently is deemed to beneficially
own. Mr. Pace has the sole power to vote, direct the vote,
dispose of or direct the disposition of 53,050 of the shares
of Ichor's Common Stock that he currently is deemed to
beneficially own. Mr. Pace ceased to beneficially own more
than 5% of Ichor's Common Stock on May 8, 1997.**
Item 6. Contracts, Arrangements, Understandings or
Relationships With Respect to Securities of
the Issuer
No change.
Item 7. Material to be Filed as Exhibits
Attached hereto as Exhibit A is a description of
the transactions in the Common Stock of Ichor that were
effected by the reporting person since the most recent
filing on Schedule 13D.
______________
** Date could not be confirmed with company management.
Signature
The undersigned, after reasonable inquiry and to
the best of his knowledge and belief, certifies that the
information set forth in this statement is true, complete
and correct.
/s/ Anthony J. Pace
Anthony J. Pace
April 28, 1998
64825000.AC9
EXHIBIT A
Daily Transactions -
Common Stock
Trade Date Number of Shares Price Per Share
- Purchased or (Sold) (without commission)
4/27/98 (5,000) $1.565
4/21/98 (5,000) 1.565
4/6/98 (8,000) 1.959
4/3/98 (7,000) 1.67
3/31/98 (2,200) 1.545
3/25/98 (2,550) 1.545
3/25/98 (450) 1.54
3/17/98 (2,000) 1.525
2/10/98 (1,000) 1.505
2/2/98 (1,400) 1.505
1/28/98 (3,000) 1.505
1/23/98 (4,300) 1.505
1/16/98 (2,000) 1.505
1/2/98 (5,200) 1.46
12/31/97 (4,000) 1.46
12/30/97 (750) 1.545
12/30/97 (13,000) 1.545
12/30/97 (500) 1.546
12/30/97 (400) 1.543
12/30/96 (3,000) 1.607
12/30/96 (2,000) 1.575
12/26/96 (5,000) 1.38
12/18/96 65,200 (1.00)
12/18/96 (65,200) 0.94
7/30/96 (2,600) 0.914
7/30/96 2,600 (0.937)
3/19/96 2,600 (1.25)
3/19/96 (2,600) 1.223
64825000.AC9
