For picking up center punch mark I've had the best luck using an 1/8" jobber length, M42, 135* point angle drill bit. I chuck the drill bit up so that a good percentage of the drill is outside of the chuck. In other words, I don't chuck it up short to gain any rigidity. On the contrary, I chuck it long so that it
can flex a bit. I semi-float the blade (hold it loosely)(not clamped) to allow the drill to pick-up the spot and slide the blade into position for a precise spot. If I'm off the center punch spot a little the combination of the flex that an 1/8" drill has along with floating the blade will allow it to find its way to the punch mark. Spotting holes is just that, a spot. Not drilling a complete through hole pilot. I make a good
dot with the 1/8" drill on all holes and change to my final drill size (up to ~.280) For home shop manual drilling, holes larger than ~9/32" may benefit from using a pilot.
For drill bits, I buy drills that have an
M42 on the shank.
Most all hardware stores have them. Those are drills that have some cobalt in them. I've found that for the tough stuff we drill cobalt drills hold up
much better than HSS
for me. The point angle is important too. Most
general purpose drills have a point angle of 118*.
135* point angle will hold up better. A
general rule of thumb is, "the tougher the material, the flatter the point angle".
I mentioned in an earlier post about how I felt most guys are drilling holes
much, much too fast. For the most part, this isn't mild steel we're drilling here. Slow your drill speed way down. WAY DOWN. If it takes a few extra minutes to drill holes in the knife because of slower drill speed, so be it. I have "F" (.257 ) drill bits that have literally drilled a hundred or more holes in 1/4" A2 that haven't been sharpened once yet. And they're still cutting fine. 250 -350 RPM for a 1/4" bit is about in the neighborhood of what I would use. Bump it up a notch for 1/8" drills. Rule of thumb: the smaller the drill the faster the RPM. But
not what is on the speed chart of your drill press. That is generally for mild steel,
in ideal conditions.
Slow it down.
A spot of cutting oil helps. Pecking your drill helps too. Not only does it relieve damaging heat that can build up by pushing the drill straight through, it also breaks the chip. For deep, small diameter holes, pecking is imperative ! Again, it reduces damaging heat build up and also helps clear chips that can bind in deep holes.
M42 on the shank + 135* point angle + slower drill speeds = consistently good drill bit life and good looking holes
for me
IMHO ................ 