I suspect you've found the footprints, but not the Sasquatch. I hope I'm wrong, but I don't see how the rocker interfaces could have worn so fast if the oil pressure was good to begin with (unless they were blocked dry, but if they were, pressure elsewhere in the engine would have been great). Moreso, I strongly doubt that .12mm clearance (as thick as a sheet of paper), though beyond allowable, would cause 0 oil pressure, all else being OK. Again, I hope I'm wrong. Trying to help, not bum you out.
Just curious...are all rocker clearances out of spec by roughly the same amount?