I just bought a lovely '77 Corvette about 6 weeks ago. Don't know if any of this will matter as far as the noise goes but I'll go ahead and put the information out here.
It's a 350 with only 43,000 original miles on it. It has the Edelbrock 420 HP high-performance kit.
A few weeks ago, I started hearing a weird chattering noise. Not like a rod knocking but more a "clicking" kind of noise. After consulting some folks smarter than I am about this kind of thing, we thought it might be the fuel pump (mechanical), so I replaced it. Still had the noise. Seems to be louder when on an incline with the nose up. There was also some play in the water pump when I pulled on it so I replaced the water pump and alternator belt this past weekend. Still hearing the noise. Noticed that it was much quieter with the belts off and there seemed to be some wear (rubbing, scrape marks - bright areas) on the pulley (the one at the water pump. It looked like the top pulley was rubbing the bottom pulley.
The noise also seemed to get louder if the engine was hot. As the alternator belt I had to get was larger than the standard, I assumed that the original owner had put a slightly larger pulley on, causing the rubbing.
Trying to make this rather long story shorter, the noise is still there. Even after once again taking the belts off, I noticed the sound still - much quieter but still there, especially if you listen low on the engine.
When I changed the oil this past weekend, I noticed a few metal shavings.
I'm a bit worried that this may mean a worn main bearing. :(
Does anyone have any experience with this? Is this something that could make a sound like this?
TIA.