When I drill mild steel or aluminium, my lathe makes hardly any noise. Sometimes a light "shooshing" sound which makes me withdraw the drill bit to remove swarf etc. or lower the feed rate.
I was trying to drill a 3mm hole down some 5mm 303 rod. The drill bit was new but made an awful scratching noise (I centre drilled first). I thought the key to drilling SS was low speed/high feed but the noise sounded like something was going to break.
I am using neat cutting oil.
Would using a reamer have any advantages? Horley Drill service have some new ones in their =A31 charity bin so I wouldn't be blowing the budget...