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The Dayton Progress drill bit is designed to create precise and accurate holes in a variety of materials such as plastic, wood or metal. It features a 5/8 shank diameter, 2-1/4 overall length with 29/32 machinable length making it suitable for all types of projects. This drill bit is part of the mold dies, punches & accessories category and its use case falls into mold die blanks & punches subcategory. Therefore, it can be used in industrial or commercial applications where precise holes are needed to create high-quality molds or dies. It is also ideal for hobbyists working on metalworking or DIY projects at home that require similar precision and accuracy when drilling different materials.