Doesn't sound good. You could take it to a shop and have them pressure test it for you or just get the vent or drain screw and take it to a hardware store and have them work you up an adapter to a Schrader valve (the air valve in tires). Then you have an interface to readily available air but watch the 8 lbs. You can get there in a hurry with most air supplies.
On the flip side, if in fact the housing did split, as indicated by a visual of the crack or the bubble pressure test, when you pull the bearing carrier, R gear drive shaft, clutch dog and shifter cam follower (all one assy) out, a prop shop could weld the crack for you as there is nothing left down there, other than fill drain gaskets on the screws, to be damaged by the heat. Replace your gaskets as mentioned earlier, including new drain and vent screw seals....Merc dealer has them. Put a little vaseline on the big oring; not a lot, just enough to make assy smoother.....don't want to get it in your threads....see next sentence.
Clean up the threads with a thread chaser (a machine shop supply house will know what that is), degrease adequately and after installing the drive assy and all, install the spanner nut using blue locktite....auto stores has it. It's a thread locker.
Pressure test again to ensure you have a tight fit and refill with marine lower unit oil....WW has it in the sporting goods dept along with TC-W3 rated 2 cycle oil for the gas.
Mark