Slant 6 blown head gasket causing low compression?

Because you have now disassembled the engine most methods of diagnosis are gone. Measure the head for flatness. Disassemble the valves and check for sticking valves and worn guides. Pull the pistons and inspect rings and ring lands. Measure bores and piston fit.
Yeah, there's only so much diagnosis you can do superficially...now I can actually inspect and fix it.