518 is good to 302 degrees, where a the copper coat is good to 500 degrees and a little too goopy for me. Be cautious around oil holes with goopy stuff.
Many people put next to nothing in this area. I would suspect the IF the surfaces are true (required for any solution you choose) a single coat on both sides would do the trick.
The trick is that these surface areas can be difficult to true up to each other to such a degree to attain long term success without a gasket. Oh sure, it's been done, but it's nothing that I would gamble with. And if I may add, No gasket may void your warrentee. :lol:
http://www.permatex.com/products/Automo ... ealant.htm