What is the correct fan to radiator clearance?

Do you mean the brown grounding wire? That's attached to a capacitor.
The IVR is inside the fuel gage.
Maybe a small thread-sert can be used.

Marked up from the 67 Supplement.
Acc = power into the regulator (about 14 volts) That's what the capacitor is connected to.
View attachment 1716163668
In your previous pic it's the ground screw for lamp left side of pic.