It's the cover that is on the front of the engine that buts up against the head area, so the timing chain cover makes sense. I can try to get a closer image or video of it later today. It leaks at a steady stream pace, you can watch it run out, not drip out.

When it's all cleared out, it looks like the gasket deteriorated and has a small hole in it. Any idea what would cause that? Is this likely a typical over heat and blown gasket issue or something different?