Thanks Cliff, Britstuff and Jim. I mean it as I am learning.
I have not used copper wire before and it does sounds like the best way but I think I will stick go with Hylomar as it has worked for others and my job will be not overheat the Hylomar!
The oil drain hole in the composite head gasket is right up against the metal fire ring so I can't seal all the way around it, but just to the fire ring.
For the oil drain hole I will likely put a small smear of Hylomar on both sides of gasket in an incomplete circle about 2 mm away from the hole so that squeezed sealant does not spread into the hole, but into the 2 mm area. The video Cliff posted was useful and I will apply the hylomar and press the gasket hard against the metal face by hand to compress it and force it to ooze into my 2mm gap and get closer to the oil hole. I can scrape away any that gets too close. Does this sound ok?
Thanks to another Forum thread I have thought a lot about torquing various fasteners. So I have decided that my 1975 Sears Craftsman click type wrench (collectors item!) which I do recalibrate on a regular basis, should not be trusted as I do not want to pull this engine apart again! I have borrowed a new German made click type wrench from a friend. My Craftsman Torque Wrench is a beauty and I hope that someday some young mechanic or collector (not sure of this is collectable) shows interest in it for a zero price! I even put the melted lead back over the calibrating nut after calibrating!
I probably have three weeks before I torque the head fasteners. In another thread I have been in talks about retorquing the head. At the end of that thread I said that the message to me (first time I have pulled and air-cooled engine apart) is that the head/cylinders cannot seem to withstand the specified torque (over time I guess) thus retorquing can lead to compromise (say like the cylinder deck pulled up around the deck fastener thread hole.)
I have noticed that the thru bolts from my cylinder head to cylinders have slightly impressed their bolt washer patterns in the head. To me, that is one of the many reasons to retorque. As is composite gasket crush.
The machine shop has decked my cylinders as there was a slight pulling up of the deck around the threaded holes. But I see this as having occurred over the 50 years of engine life so that's not too bad or unusual.
So I am thinking to oil the head fastener threads (engine oil unless you suggest something else), with two head fastener torques at least a day or two apart before startup. Maybe even overtorque the first one by two ft lbs.
Then some heat/cool cycles and the question is retorque with loosening the fasteners or not and how many time retorque.
Maybe a combination of retorques without loosening and only one or two retorques with loosening.
Any suggestions you have are very welcome.
Dennis