Assuming it's like a sterndrive lower gear housing, there is a notch just above the torpedo/bullet nose. It's common for these to plug after striking wood trash. Most plugs can be dug out with a 1/16 - 3/32" drill. Any drill large enough to enter the hole behind the notch without enlarging the hole, or jamming and breaking off. A cordless drill with a gentle hand will remove most plugs. The gentle hand will keep you from drilling too deep into the aluminum at the back of the hole.