Man that sucks. The head is very soft. I would be afraid you would mess up the hole trying to chisel it off. Although you could repair it later with a helicoil perhaps.
It's going to take a while but I would use a single ended hack saw, which I've used for stuff like this in the past.
The bolts are also very weak, I've ripped the head off of one with just a tiny 10mm combo wrench. You could try just tightening it down, and it might just break right off.
SO I was trying to change the gasket and this head rounded off. Only think I can think of is to air chisel it the head off. Any ideas?
Drilling is the last resort that's if all else fails i would say after you grind off the Head of the bolt with a grinder just grind down the Bolt itself into the shape of a nut and sparay it with PB blaster and let it sit for a little and then turn it with a Pair of Pliers and losten it ! I bet you that will work!I would say drill it