Steve,
Sorry to see the bad news. Your head could be saved if it were important enough to you.
I just had a DHC alloy head that had significant damage everywhere (Water passage corrosion, totally buggered up valve seat recesses, tacked casting around the valve guides, piston interference eg hitting the head, etc). It required a lot of of careful welding and machining. In my case it was a full number matching car so I felt the extra $$ was justified even if I keep running on my spare motor and put the original motor in a bag.
The machinist was an old school guy who has 5 decades of experience building some tremendously weird/rare motors that required significant amounts non-standard machining and fabrication.
I’m sure there are a couple guys in your area like this.
I agree w your plan to build up a new motor, but if this is the original head, it’s worth saving in the barn, and possibly even restoring.
John