I am not gonna "BS" you.It is time to take it apart.
Probably either a rotted head gasket(MOST likely)or a block/head bolt thread issue(maybe).Probably UNLIKELY,cracked block.(Unless you froze it up with water in it recently???)
Issue COULD be due to electrolysis.Diesels seem to do this alot.Errosion due to low volume electrical current produced by diesel engines.I have seen MANY,MANY engines deteriorated by this!It will eat up metal,but WITHOUT rusting.
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