Probably the most notorious coolant leak point on a Pontiac motor.
As others have said, you only bolt down the intake not even finger tight; and you tighten the draw bolt first to effectively "pull" the intake into the timing cover to compress the donut seal. The spec is 15 lb-ft, but it goes more by feel since that draw bolt is prone to snapping easily. Once that's torqued, THEN you torque the intake bolts to spec.
A bead of RTV along the machined flange on either the intake or timing cover is permissible for a little extra insurance. Shouldn't have to put any on the donut itself.