Likesilk. I have the same outboard. Mine actually leaked a few years ago. It is a water jacket though, instead of a cylinder head. They make two versions of that gasket, with one being much beefier in terms of the coverage under the jacket. I used sealer with it and haven't had a leak since. I should note that this was the second time I did this. The first time was with the less than beefy gasket. This gasket has slim structures around the plugs. his is where I believe they fail. BTW, I believe thatno water should be coming out of the hole you referenced. Not sure if you installed thetemperature sensor if it would spike the gasket to get a water temp reading or if it reds the heat by conduction.