water in oil

So I decided to take out the studs after head gasket messed up for second time. Broke 9 out of 33. Took a whole day to drill out and tap 9 broken studs. put everything back together and anti freeze coming out of valve cover 1950 Flat six (226ci). I think I drilled into water jacket "(
So out come the '53 flathead I bought on Craigs list for $600.00 fan blade to drive shaft. 80,000 engine overhauled 30,000 miles ago got it started and tuned up & drove to put gas & air up tires and steam coming out of both NEW exhaust pulled dip stick & white milky................................................... I am getting real frustrated.. I just had to vent.. Today I pulled both heads off tommorow I am taking off intake. Engine runs strong and smooth .......??????????
 
If you own a chain saw don't go near it, if you own a gun don't clean it. Maybe a few days of bird watching would help.
 
Is there any chance that water was left in the block and froze up and cracked the block on the inside? I've seen alot of flatheads that have froze up and cracked on the inside about an inch up from the oil pan rail, the whole length of the block. Walt
 
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