Could be a plain bush running dry. Pull in on the clutch. noise gone, it's in the gearbox. If gearbox final drive sleeve runs dry on the mainshaft, there will be noise in the intermediate gears, which disappears when in top gear, as these two parts then lock together. Still there? Suspect timing side idler gear bushes,
The Cam bushes should be well lubricated by an internal pressure feed if the PRV valve is operating correctly, but as suggested, a good oil supply to rocker gear is also important for cam follower lubrication. A slug of oil down the pushrod tunnel via rear rocker cover is good for all engines that have been standing, though some lubricant always stays in the cam trough.
Magneto and dynamo bearings are packed with grease on assembly, but no assumptions can ever be made, there are some ill informed dummies out there. Dynamo chain runs in grease.....it is not lubricated with engine oil unless fitted bushes with scrolls running the wrong way, as has happened with aftermarket parts.
Swarfy.