G'Day Tim, I blew up my first K1 engine in 1981 because the "mechanic" who did some work on it cheaped out and used silicon instead of new gaskets.
What happens of course is the silicon balls up, travels around the oilways and eventually blocks the tiny oilways under the cam towers and the top end, starved of oil, cannibalises itself. I had to do my first ever end rebuild which entailed oversize pistons, new cam towers and new cam, back in the day when I could buy them new over the counter at Maurie Quincey's. Actually I used an Andrews cam rather than the OEM cam, (because it was cheaper) and it was a much sweeter engine for it.
If I was you, I'd drop the sump pan, pull the oil pump and oil filter to check to see if there's silicon in either. If not, it's probably all good, so carefully remove any remains of silicon from the engine's mating surfaces, re-torque the head, replace the rubber "pucks" under the cam, and put it all back together, fill it with fresh oil (just cheap stuff, because you should dump it after the first ride anyway) fit a new filter, shove it back in your frame, and take it for a ride.
It really pays to err on the side of caution Tim, so after an hour or so's ride, dump the oil and filter, check the oil for swarf, silicon bits etc, and fill with new oil and a new filter, and all going well, it should last you another 40 years. Cheers, Terry.