there's no freeze plug back there Ron. The timing cover is just a flat plate of steel covering the cavity where the timing chain resides.
The "snout" of the coolant pump has a weep hole in the bottom that you can't readily see because of the concave shape of the water pump pulley. Coolant may be leaking out of that weep hole, down along the snout of the pump, down the timing cover, onto the harmonic balancer.
Its either that, or theres a gasket leak between the pump and the timing cover.
take care, George
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