454 on my 87 Saltare. Never had big issues with the engine. Thursday we were skiing, and I smelled burning. Lifted the engine cover and there was oil on drivers side of engine and all over in the bilge. It looked to be coming from the head cover gaskets. It was sprayed all over that side of the engine. I got it back to the ramp (There was still oil reading on my dipstick and my pressure never dropped on the way back or my temp rise...) and home. I pulled the exhaust riser so I could get to the head cover. Pulled the head cover and the gasket looks new. I can't imagine that was where the leak was from. I remembered that when I pulled the dipstick to check the oil it wasn't all the way in. Could it be that the oil blew up through the dipstick tube? I've never heard of such a thing....I ususally run it just a hair low on oil, so there wouldn't have been any extra pressure on the system...Any ideas?

Thanks, David