Ticking sound

Joined
Oct 7, 2009
Hey guys, i have an 85 T-Type that im currently working on at school for a project, this car was my grad gift to myself and i have really bad ticking sound coming from the right hand side, i have oil pressure, but there is a vapour leak by my turbo, im wondering if its just the gasket connected to the turbo or if its an exhaust leak. I have not much cash to spend on it currently so i cant go out and buy headers if theyre trashed, so if i replace the gaskets connecting the plumbing to the turbo do you think that would rectify it? The car is bone stock, numbers matching nothing was ever done to it aside from neglected before i got it.
 
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