When I need precise hole in anything rotational, the lathe is the best approach, I can even hold some squarish things in the lathe and cut a hole that is more accurate than drill press.
But when the lathe does not work, the drill press will not help. Say I need a 20.8 hole in 6mm thick metal, how would you approach it?
I don't have a milling machine and substitute drill press for one does not work - it is not stiff enough for that kind of work.
Ideas?
I'm no machinist, not even close, just a lifelong mechanic and fabricator. The following isn't meant as attack or insult, just as information gathering, so please don't be offended if it sounds mean or something.
What do you mean by precise? Is that +/- .01", or .001", or .0001" or .00001"?
Why won't the lathe work, as in what's the particular limiting factor? Overall size or shape of piece to be drilled?
What do you mean by 'metal'? Aluminum, Titanium, Berrylium, Iron, Cobalt, Tungsten, Steel, Magnesium? Makes a big difference in how to answer.
Is it a one-off piece? What sort of function is it supposed to serve or what is the piece or part's purpose or use? What is its value? If it's worth $78,000 you might want to use different methods than if it's worth $0.78.
Can you not pilot drill and ream to size? If not, why not?
Does this situation occur often enough and with enough importance that an investment in tooling is valid? With more precise information provided others, probably not me, can give more accurate advice.