LOGAN INTERNATIONAL CORP.

                EXHIBIT 21 - SUBSIDIARIES OF THE REGISTRANT


                                                       Shareholding at end 
Name of Subsidiary    Jurisdiction of Incorporation      of year (Direct)    
- ------------------    -----------------------------    -------------------

ICHOR Corporation           State of Delaware                50.3%(1)

- ----------------
(1)  Excludes 142,500 shares of 5% Cumulative, Redeemable Convertible 
     Preferred Stock, Series 1 of ICHOR Corporation.