Magnum motor with Mechanical fuel pump ?

I've had this scenario with a 340. I was thinking the chain set was the culprit. JP performance billet. I put a tensioner on it and that stopped. I noticed it had some slop with little mileage..chain slack was my final conclusion...but could have been the arm on the pump too.

Mine had some witness marks and went away after I banged on it with a hammer. The cam moving around is purely my speculation though. For all I know, the slop in the bolt holes of the pump were enough to make it clear. That pump arm was hard and I'm not certain I bent it at all. The noise stopped so I didn't care. :D