So that keel is probably not too different than my 1988 O’Day 322. I am assuming it is lead. Mine is covered in epoxy and fared. Pretty thick.
Sailboat Data shows lead…
One of the last O’Day’s, (the parent company closed in 1989). A few more were built when the molds were purchased during short lived Cal/Pearson revival. The molds then, apparently went to Japan where another O’Day affiliate existed. The wing keel on this and some other similar O’Day’s was...
sailboatdata.com
Did you grind at those 2 areas? It looks like it is discolored around the corrosion. Trying to understand if this is old damage someone fixed or what. How long have you owned the boat? How long have you seen this corrosion?
A little on the wing… any other damage?
If you scrape those 2 big voids, can you get to solid lead?
My first thought is that you need to strip the keel (or at least the affected areas) down to solid lead. The. You would have to fill the voids with something (Bondo?), then seal the whole area to prevent water ingress.
But this is way over my pay grade.
Greg