What if...
You removed the rocker shafts so all the valves were closed, removed the carb, sealed the base and plugged any other intake ports then ran an electric vacuum pump on the intake side of the engine and listened (with a stethoscope for leaks before you disassemble it? Or... perhaps you could do the opposite, and pressurize the manifold, remove the valve covers and look/listen for air leaking?
Just thinking out loud, but I have pinpointed oil gallery/rifle cracks or leaks into the water jackets with air pressure in the oil system.