It probably is a blown head gasket because you have water mixing into your oil. This needs to be repaired ASAP!
ckeck the oil dipstick if the oil has a color like chocolate milk the oil has water/colant in it which means the head gasket is blown and its leakin water into the engine block
The oil dipstick has a small gasket at the bottom of the dipstick. Replace the gasket with a new one and the oil should stop leaking.
Look near the spark plugs on the front of the engine. Just to the left and below the oil fill cap on the valve cover.
Might I suggest that either the leak was/is not at the timing cover gasket, or maybe something went wrong on the gasket install?
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sounds like you have water in your oil/blown head gasket did you ever add regular antifreeze instead if DEX-COOL if you did it can turn your critical gaskets to jelly
Replace the gasket with a new one.
At the end of your dipstick female part (part that stays in engine when you chkng the oil) you have a small rubber seal.
You don't
ON a oil dipstick its a sure sign your head gasket is blown. I was lucky once on a camaro where it was just the intake head and not the cylinder head
When oil and water are combined in the engine it will form a white frothy mixture which will be evident on the dipstick. Definate indicator of a blown head-gasket