I used to have to do a lot of stainless steel work, polishing, drilling, shearing, and riveting as well as rivet polishing. i use to have a problem burning up bits. that was until an old timer showed me a trick. this will work with any bit. before this, i burnt them all up, nitride coated, high speed steel, tungsten tipped, mac, snap-on, you name it.
get some paraffin wax, run your drill bit in the block of wax (available from a candle, or at the grocery where the canning supplies are. now, take your stainless and mark where you need to drill, if it is a rounded surface, center punch your mark, if it is flat, you probably can get away without center-punching it. do not start off just running your bit full speed, instead you need to go full trigger on your drill but in 1- 1.5 second bursts. put a large amount of pressure on the drill downward as this is where it really matters. do these bursts about one to two seconds apart and watch it fly thru the metal. be sure to keep heavy pressure downward or it will never work.



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