water in the oil

Weeks ago, I had a rocker arm failure. I bought a whole new setup. After what seems like an eternity of waiting on parts. Yesterday, I was able to put the new set in.

The engine is, what I think (there's no documentation on this) a '72 340. The heads are '72 that has been verified. They are high performance, at least those are the gaskets that fit the heads.

I put it all back together, started the engine let it warm up for about ten minutes and started to set the valve lash. That's when I noticed what looks like water and oil mixed in the top of the rocker arms. The coolant is green.

View attachment 1715751317

My brother who is familiar with this car says that there's a bolt in the water pump that goes into the block and has to be covered with Permatex or it will cause this. There are two bolts that coolant will flow from if they are removed.

Personally, I think it's more likely to be a leak at the front of the intake manifold where the radiator hose connects. Before I go tearing it all apart, I'd like some feedback on which is more likely.

BTW, there's NO oil in the water.

Thank You
For it to turn that color in that short of time you most likely have a gasket out of place. Start pulling out spark plugs if you find a wet one you have a head gasket problem. When you have all the plugs out crank the engine over and see if any coolant spits out of one of the plug holes. Anti freeze and bearings do not play nice get it fixed as soon as you can and flush out the oil sump.