Firstly: This isn't my original idea - neither am I opening a "-Which is the best tapping fluid?" can of worms.
Secondly: I sort of promised some sort of scientific/ research results to back my recipe up,
but I haven't been able to track back and find the stuff I saw a few years back.
So- without further ado - My personal go-to drill & tap paste:
-When you're makiing breakfast and fry your bacon - line a small strainer with a piece of household paper,
set atop a smallish glass jar already with about 25% (of the jar's volume) of ATF, DEX II is good enuff.
When finished frying, pick the bacon up and serve, then tip the contents of the pan into the strainer.
Let bacon grease filter thru and into jar. Put lid on and store.
Repeat this procedure 'til you've got the jar almost filled, then put beside the hot plate to melt contents.
Strain thru paper again if needed, let cool. Metal cap & class jar keeps rats, mice or pets out.
Apply the now reddish paste with a Q-tip or small brush when tapping or drilling holes.
ATF seems to avoid it getting rank, at least my latest batch hasn't in over two years.
Excellent for gummy stuff: mild steel, aluminium, zamak - It doesn't stain copper alloys.
Cheap, available and smells better than other fluids or oils when drilling.
Down side: Clean tap, drill and piece with a squirt of spirits if you don't dig that your stuff and shop will smell funny.
YMMV
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