I don't know what brand drill press that you are using, though from
your words you are using a Ryobi drill.
My personal suggestion buy yourself a foredom flexshaft and a
foredom drill press.
You don't have to get an expensive model, the cheapest will do fine.
don't bother with quick change or a keyless model, then you are
restricted to 3/32" shanks. Twist drills are much less expensive. (I
do have a wonderful quick change handpiece that I use for setting
and things were I am changing bits very frequently) I use my handpiece
on metal, wood, ivory, bone, well, just about anything I
can....drill, carve, polish. I use the drill press to drill holes
usually less than 1mm in diameter in metal, which will break any
drill if it's not straight. With the foredom handpiece, the drill is
entirely straight, or wobbles, and you can certainly tell the
difference. I can drill lots of little holes (in metal) before
eventually breaking or dulling the drill. The foredom handpiece is
variable speed that is controlled by a foot pedal.
I couldn't imagine working with a different handpiece. Startup costs
for the Foredom handpiece with foot pedal and motor about $200.00
(additional quick change handpiece, I use a quick change "tecknique"
from switzerland...about $200.00) Foredom drill press that fits most
foredom chuck key models about $150.00. You can also buy additional
chuck keys with large handles on them from most suppliers for about
$10.00...makes them a little harder to loose.
just my two cents...hope it helps.
julia potts studios