Just curious why you say it "may be doing a slow drip." Have you actually seen it dripping? (Also, is your coolant level noticeably lower?) As Captain Pete mentioned, you'll want the plug for the other side. Is this the parts catalog you're browsing?
Yanmar Parts List
The absorbent mat under the engine has been damp, the coolant reservoir is slightly lower each time the engine is ran and the tube has slimy residue. I've been trying to develop something more than a conjecture about the source.
I'm looking at page 36 in the "3gm30f spare parts catalog" which appears to be the same document as in your link.
I had the same problem and wound up just tightening things up to stop the leakage.
Thanks - this makes me think I'm on the right track.
I have tried closing it more and didn't want to break it (if that wasn't the source anyway). I remember seeing the diagram for the fresh water and couldn't make sense out the zig-zag line showing placement then.
It looks like your attachment is from the service manual. Funny how the different documents call them different things (and none use the word valve...).
I think opening and closing repeatedly will be my next strategy to see if there is something blocking the seal inside the thing. Maybe I'll order one as well, just in case (Hmmm, $48.08). The part number appears to have been replaced.

