Good morning.
Water going through that quickly indicates a failed block from the cold. Possible that it froze and cracked the block.
Even if it was just the head gasket, the fact that coolant is in the oil mandates the engine be removed and overhauled as the bearings are now contaminated and need replacement as well.
The smart thing would be to replace the engine with either a used or rebuilt engine.
Roy
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Saturday, February 3rd, 2018 AT 5:06 AM