bucket,
That's a fine engine. It is set up for a full-flow oil filtration system (and, as posted in another thread, yours has some of the parts from a factory PCV system).
Does your valve cover have slits in the top of it?
The 1960 Chevrolet Truck Shop Manual has information regarding that engine (I have been running that engine in one truck or another since 1972 - I got it out of school bus in a junk yard).
Tim