When you have opened up the loco body, there may well already be a speaker grille in the footplate? If not, then find a location on the footplate floor that doesn't get in the way of anything else, and drill a pattern of sound holes, then mount the speaker face down over the holes - it can be screwed in, or hot-glued, or even just fixed with a ring of blu-tack. Note that by "footplate" I don't just mean the cab floor, but the whole baseplate of the loco - the best place for the speaker is probably about mid-way along the loco's length, between the two weight blocks.
I tried to find a pic of when I had my Mallet opened up, but mine was a factory-sound version and had a very large and complex LGB sound board in it - in this pic, the speaker is underneath the boards, you can JUST make it out through the gap between main board (left) and sound board (right).
The second pic refers back to the "quartering" discussed earlier - this is the rear power unit of mine as it arrived (second-hand), and you can see it is out of quarter - while the rear axle at the right has a spoke that is vertical, the front axle (left) is a tooth out of quarter.....
Jon.