I have a 2000 Bayliner 1954 with a Mercruiser 3.0 I/O. After running it on the muffs I noticed a water leak on the right side of the engine just above the oil pan gasket. It appears to be coming from a hole on the block where the alternator wire clamp is bolted to. Do I have a serious problem or just needs to have silicone on the bolt?. I checked the engine oil and there are no signs of water in it.