I love that you made a cup out of your clay!!!! That's just awesome!!!
The red clay looks to be about the best possible material that you could have. Where you able to test the grey clay?
I forgot to mention my other pond. It's the first one that I dug, and it's only 3/4 of an acre. It gets a lot of water shed, and regularly goes several feet above the drain pipe. That pipe flows into a ditch that goes to my big pond.
When digging that small pond, I hit a layer of grey clay that was kind of odd. It holds water so good that with just small amounts of water on it, the water beads up like it's on glass with RainX on it. But when it's dug, it's impossible to compact it again. It just doesn't hold together, and nothing really grows in it either. I've mixed a bunch of it up with my red clay in my dirt pile, and it's all blended together for fill material, but I would never use it for a dam.
I think you're on the right track with improving your water shed. Once you get a good cover of grass over that dirt, it will shed a massive amount of water to your pond.