Is there another way to help pinpoint voltage drop. I’m still having trouble finding it?
In order to find the drop and given its consistently there and is around 1.2-1.5V volts with varying loads
A few other ways are possible but, none simpler than walking down the path and checking nodes..........
Above, you found the drop to be on the positive side of things, therefor........
1) Find and identify the main positive voltage feed from the battery to the helm, there's ONE main path with branches (your meter is/on a branch)
2) Turn on load/s that create the repeatable drop.
3) Go back to your positive side test you did above, one meter lead (pos) to the battery + and the other meter lead (neg) to the gauge +
4) Re-verify drop is occurring..you said you can get 1.2-1.5V.
5) Leaving the meter lead (pos) alone and remaining securely connected to the battery +,
6) With the OTHER meter lead (neg) that is on gauge +, start working (probing) your way backwards towards the battery down the main feed path you identified in #1 above backwards towards the battery probing points of interests (connection, junctions., slices and what have yous)
Example A
You probe (pierce the insulation with a needle) of the wire 2" down from where the gauge + point, you look at you meter and it still reads that 1.5V drop........
Explanation A......
This result seems logical because it only 2" from the gauge + connection and the wire looks normal and in good shape (not been hot, frayed, spliced etc etc)
Example B
You probe (pierce the insulation with a needle) of the wire 3' down the main path from the gauge + point, you look at you meter BUT now, the drop is GONE, it reads 0.03V.
Explanation B......
This is because as you moved the meter probe (neg) further from example A's probe point towards the battery along the main feed path, you jumped over THE ****ty connection.
Now, logically you know the problem (the voltage drop) HAS to be between example A and example B. Work your way FORWARDS toward example A looking for a suspect connection, splice, hot spot.
This is most likely how a mechanic would find the problem, no real other way and I really don't think I personally could make a better explanation of this process.
If this process is confusing, hard to follow and you can't seem to use this method of logically dividing and conquering, then perhaps the mechanic would be the better choice for you to get your problem (voltage drop) resolved.