Re: Leaky carb? Please help.
Yes, sound's like the float level is to high. The float determine's the amount of fuel inside the bowl of the carb. To low and the motor will starve for fuel, to high the motor will bog down with fuel or fuel will exit threw the air cleaner or the hole's as your's is.
RTV: Silicon gasket maker
Give me a few minutes, I think Norm did a awesome post on adjusting the float; need to find it.
Here are some pic's of RTV. You can pick it up at any auto parts store