Houston we have a problem !! 340 issue

Your going to have a fit getting that cover off. The TC erodes right there where it meets the block and allows water to leak where that broken bolt is. Do to the bolt be steel the cover aluminum and the fact it didn't have coolant in the block, this is the results. You may have to cut the TC where the bolt goes through it.
Ten 4 that makes sense dissimilar metals and corrosion dont mix
I know that from working in the Water industry oh well it is what it is
I will make sure it is flushed good and antifreeze installed because even though I want be using the engine it will be preserved I promise u that .