1990 Mitsubishi Sigma

Hi

I have a 1990 Mitsubishi Sigma that I just recently purchased and its in decent shape, however i'm noticing a slight oil leak and can also smell it and it appears to be coming from the rear of the engine (3.0 V6) on the left hand side just above the transmission. Any suggestions as to where this could be coming from and how big a deal it is to be fixed.

Thanks

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