Be careful. Soundss like the leak is from the water pump. Once it starts to leak the pump can go very quickly and if it grenades, the plastic water pump bits can get lodged in the very small water passages in the head and cause blockages that can cause a cracked head or blown headgasket.
I wouldn't drive it until I knew what the problem was.
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Current car
2000 Boxster 2.7l red/black
Previous cars
1973 Opel Manta
1969(?) Fiat 850 Convertible
1979 Lancia Beta Coupe
1981 Alfa Romeo GTV 6
1985 Alfa Romeo Graduate
1985 Porsche 944
1989 Porsche 944
1981 Triumph TR7
1989 (?) Alfa Romeo Milano
1993 Saab 9000
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