My 40th was consuming about a quart every 1000miles or so. I almost ran it right out just like the OP once. I threw a BP kit on it and its now sitting at about 25000miles and doesnt burn a drop anymore.
Moral of the story, burning oil go boosted. The added air in the combustion chamber helps keep the oil from pushing by the rings
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lol. Goodluck OP with your repair. Your bound to find a good engine sooner or later.