You'll have to take off the head, I would also suggest while in there to replace the timing chain. Take the head to a machinist and see what they say. This should be free of charge. It could just be a head gasket, it could also be alot more than that. Warped head, eroded water jackets, cracked valve seats.
When taking off the head, don't forget about the small bolt in the front of the head that bolts to the timing chain cover!