ok are you sure it's coming out of the timing cover if your thermostat housing or bypass hose or upper radiator hose are leaking they all will leak coolant onto the top of the timing cover making it appear as though the cover is leaking i would clean it up then refill the cooling system and start the car and let it run while you look underhood for the leak i have had all of the above mentioned leaks and everytime the timing cover appeared to be the culprit when it wasn't make sure the thermostat housing bolts are tight somehow i have had them back out before. good luck.
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Rice Haters Club member #68
'93 Cobra 10.20@135
'89 Gt Coupe 12.20@115
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