I don't want to alarm you, however, I just replaced my son's intake manifold. It was leaking coolant just behind the thermostat housing base. The pictures provided here, are of the actual intake which I removed from my son's 2003 GT Mustang 4.6 engine. The 1st picture is of the bottom view of the intake manifold, specifically of the thermostat housing base. You can see where the O ring is not seated where it belongs. This caused the coolant to leak through the base of the thermostat housing. To check if your coolant is leaking in the same area, you have to fill your reservoir to the full mark, then start your engine and watch and look for coolant leaks. Look just behind the thermostat housing base. You may need a flash light to see the coolant leaking out in that area. It's just a small gap there, so you have to look good. The 2nd picture is also the bottom view of the passenger side of where the aluminum channel cross over piece bolts to the intake manifold. As you can see, the O ring gasket was not seated properly in that location as well. Make sure you click on the pictures to make them larger. I have read of numerious Mustang 4.6 intake coolant leaks in this same locations. It is quite possible, that you have a leak in the same area. The coolant would leak and end up in the valley below the intake manifold. The coolant would also leak and run towards the back of the engine, giving a false impression that there was a leak at the back of the engine as well. However, it was leaking mostly at the thermostat base, where the aluminum base sits on the plastic portion of the intake manifold. Hope this is not the case for you, but, it's good to check it out. The reservoir has to be full for you to see the coolant leak in the thermostat area. Once the reservoir is empty, the coolant will not longer leak in that area, because of the height difference between the two locations. Check it out and let the rest of us know what you find. Good luck, Tommy.