The BladeForums.com 2024 Traditional Knife is ready to order! See this thread for details:
https://www.bladeforums.com/threads/bladeforums-2024-traditional-knife.2003187/
Price is $300 $250 ea (shipped within CONUS). If you live outside the US, I will contact you after your order for extra shipping charges.
Order here: https://www.bladeforums.com/help/2024-traditional/ - Order as many as you like, we have plenty.
This I thought you wanted to ream the thumbstud hole but its too close to the spineIs it possible...maybe. The bigger issue is where you will put the hole. Not all that much of the 551 blade is above the handle, IMO the logical place for a hole would be below and a little toward the point from the hole for the thumbstud. This presents a problem because if the hole you want to drill overlaps the thumbstud hole, you will be doing what is called "interrupted machining". This makes a tricky job even harder The edge of your drill bit is likely to catch on the edge of the existing hole and break, or spin the blade if it is not securely clamped.
If it were me, I would consider making a slot rather than a round hole, starting with the thumbstud hole and working towards the point of the blade, grinding slowly and carefully with a Dremel tool or die grinder