Mate! What the hell happened?
I just had a look at the video 2 pages back. Yeah, that is an inlet valve being held open, no 2 ways about it.
Your leak down test showed that the valve CAN close, but for some reason it is open while the piston is moving up, thus blowing back thru the carb.
It's possibly a broken cam. It will can turn if it's broken but will jump around.
It could also just be due to a piece of shrapnel. Depending how far apart it is, check those 2 cam lobes for scoring.
Oh, hang on, hang on, you said maybe a broken spring - yeah? That would be it!!
The leak down test was false because the valve was being closed by air pressure. It will run (to a degree) like that too.
OK, heres my guess. If you haven't done it already, pull out the inlet cam on that bank and give the valves a bit of a push. And look around inside the cam covers and stuff like that for where the alloy came from.
Theres me thinking out loud...