If you seem to notice the noise at one certain speed, I'd definitely lean toward something in valve train.
If it were ignition, you'd probably notice it only at low speeds, once your plugs heat up, they should ignite easier, even without solid current. Just for kicks and grins, I would pull the distributor cap and check the point gap and replacing a condensor is cheap and easy.
But more than likely, I'm sorry to say, you may have to pull the pushrod covers off the side to check and make sure a lifter isn't sticking. In fact, if you painted the block without the covers on, make sure paint isn't causing the lifters to hang up, you may want to check for burrs in the lifter bores too.
The intermittent nature would make me think it's something minor if it's not too loud. And speaking of noise and volume, you can actually listen inside the valve cover and push rod covers with a mechanic's stethoscope, or even hammer handle. Your metal covers act like a bell and will amplify the sound to help you locate the source.