aluminum tank repair
The repairs could be made with epoxy and glass as you have described, but I think if it were me, I would first look into the plastic replacement tank option first. The cost and time involved in repairing the tank could easily be more than a new tank. That said, the corrosion of aluminum tanks often starts around the mounting straps where disilmilar metals in the presence of moisture create a galvanic reaction - it makes a battery - and the tank is the metal that is reduced. Be sure, if you make this repair, to clean all contaminates, abrade, and etch the aluminum surfaces with our 860 aluminum etch kit. Also, be sure to coat and glass the outside of the tank where the straps are to remove the metal to metal contact.