Why would a small mold have 3/4" holes in the top and bottom?
If I had a couple of pieces of 1/2" or 5/8" copper tubing with oval fittings, this looks like a dandy clamp for quick connects and disconnects. The springs would keep pressure on a gasket. The oval plate could be used when you wanted to stop the flow.
I haven't figured out where one might find copper tubing with oval fittings.