If you are planning on drilling ANYTHING on a firearm, please invest in a brand new
"cobalt" drill. High speed is crap, the so-called TiN coated are usually gold spray-paint
over a cheap CHINESE high-speed (if that!) bit. Hint: if the Titanium Nitride coating
rubbs off after you drill one hole...It "ain't no titanium nitride"....
The cobalt I use has a slight gold tint to it. Carbide is better than high-speed, if you can
get it. Carbide has a dull almost stainless appearance, but will weigh heavier by any
comparison. Do not bother with "tool steel" or "high speed" for a firearm, they are fine
for the kid's bunk bed! I have never and will never re-sharpen drill bits. When they go, they
literally "GO". Chances are the heat has softened the original spec's right to hell anyway.