So would I, for what it is worth.Just don't tighten very much, and break the bolt off, you just need to make the thread move slightly. A few degrees of rotation is all that is needed. If it moves, then back and forth, a little bit looser each time, adding more Plus-gas if it seems to help, and it will be out, soonish. But please be patient, and gentle with it, or you will be back with another question shortly, and while we can answer that, we would rather that you don't have to extract a broken bolt. I don't like people to have unnecessary aggro. Life is difficult enough without it. (Ok, why would anyone want to own a Mini? Lots of aggro, guaranteed.... My excuse would be that I like the handling.)
I assume that it is the thread in the block that has stuck, the bolt at the other end only goes into a nut, which can be destroyed by a nut splitter, hacksaw, file (tedious!) or angle grinder, to allow the bolt to come out. Of course it may turn out to be siezed in the spacer, so next time, if available, use the type of bushes which have the two hard nylon cone inserts, as bolts will not stick to these.
I think that using a well-controlled heat source such as a hot air gun or large electric soldering iron is fine, but if you use a blowtorch, gas soldering iron, or anything else that involves combustion, and it all goes wrong, is your insurance company going to pay out? Just suppose that your garage is attached to the house, and that goes too....
Sorry to seem alarmist, but flame and the inflammables under any Mini bonnet just do not go together well. Please stay safe and enjoy your Mini.
Oh, and I have assumed that your earth strap is in the usual modern place, the top steady, which is why I was referring to the block and the bushes. You could just leave it alone for now, applying Plus-gas frequently, so that the bolt will come out later when you are doing other maintenance, and add a new strap in the original place, from one of the clutch cover bolts to the inner wing. Obviously you need to clean off some paint where it will be going (Waxoyl afterwards), and drill a hole if a spare hole does not already exist. But there is no harm at all in having two or even three independent earth straps, and it improves reliability somewhat.