Thanks for 'the directions in which to look' Jac!
I have got engine to bits now and have some more info. so an update is worthwhite.
Taking the likely initiating events in order:-
1) I still have compression on No. 1 cylinder and there is no evidence of valve to piston impact, I have not yet checked if the exhaust valve is sticking though.
2) The pushrods from No.1 look to be OK (they 'roll true' on a flat surface and there are no signs of damage or blockage).
3) The Edelbrock RPM Performer Heads come built up with double valve springs to match the RPM Performer Cam - I used the closest Comp Cams cam (282XR) to the Edelbrock RPM Performer cam because I was not happy with the finish on the lobes of the Edelbrock cam when I inspected it prior to fitting. That should have avoided resonance issues, but resonance is a VERY specific thing so it cannot be definitively ruled out.
4) Backfire - I had a missfire develop above 4500rpm, (though not really a backfire) due to what turned out to be a broken rotor arm late on the day of the failure. However the damage should have been visible on the piston/pushrods of No1 cylinder but they were OK
5) Over-rev - always a possibility on track (and I had been on track 3 days that week) though I do try to be very careful to avoid it! Again however the damage should have been visible on the piston/pushrods of No1 cylinder but they were OK
6) The rollers on No.1 cylinder lifters are turning freely and look in remarkably good condition - particularly given that the exhaust lifter (the one that turned thru 90 degrees) 'machined' a ruddy great grove right around No.1 exhaust cam lobe!!!! So it looks like oiling was OK.
I am going to add a 7) which is poor manufacturer quality control on the part.
The link bar is undamaged, both of the securing pins had detached, one is in good condition other than that it has separated from the link bar and lifter, the other is 'mangled' having ended up in the timing chain where it was impaled on the cam shaft sprocket and eventually broke the timing chain (bending valves in No, 2, 3, 6 & 7 cylinders despite staying with 1.90" valves and stock pistons).
I think the above leaves 1) stuck exhaust valve, 2) resonance and 7) poor quality control as 'potential causes'. When I get the valve springs off No1 I will post an update.
Given that the engine has had a liberal dose of fine swarf and needs a serious and detailed clean out, I have quite some time to decide if I trust the remaining 7 'lifter pairs' - or indeed if I want to use roller lifters again at all! (seeing as I need a new cam shaft anyway..........)
Dave