I've been waiting for sandy to explain the full repair procedure since I've gotten tired of repeating over and over, both the repair, short cuts and work arounds of the different systems on small/mid size boats.
So, remove both end caps. plug either the inlet or outlet of the coolant section of the H/E and have it filled. Keep fill/radiator cap tightened. You only need about 10 PSI so be careful as most compressors have at least a 70PSI working pressure. Look thru the tubes as that's where the raw water flows thru. A leak will show up almost immediately. Finding it is a little more difficult if you don't have a bath to put it in.
After locating the leaking tube, you have to decide if you want to just plug both ends with JB weld or plug the tube with 1/4" brass rod. Available in hardware stores or welding supply. clean both inner ends of the tube with a .22 wire brush or .223 chamber brush. Both cleaning procedures are for soldering OR JB weld. Cut brass rod 1/4"-1/2" short so there's 1/8"+ shy on both ends to make it easier to solder or fill with JB....Oh Yeah, use acid core solder if you can't clean or aquaflux if it is.