Eljaro,
Check out the "427
Oil Leak Mystery" thread. Dave's 427 leaks lots of
oil down the front of the plate - in fact so much
oil leaked to run in through the holes in the plate and accumulated in the bottom of the bell housing. He drilled a hole in the bottom of the bell housing for draining accumulated oil. I believe his dripped oil for awhile but eventually subsided. Hope your can be repaired.
Paul