Hello. This is my first time posting so I hope I'm in the right place. I got a small shop. I got a HAAS TM1-P and want to do some small hole drilling. I know the spindle only goes to 6,000rpm but thought I'd try it. I need to drill holes in 304SS with dia around 0.040" and 5xdia deep. Wondering where to get decent (but not high end) holders for drill bits that small. If ER collets are any good, and any recommendations for drill bits. I've used some Guhrigs in the past manually but they were not carbide. Read somewhere carbide may not be the best for this small since very little flex. Any feedback is appreciated and recommendations and setup advice.

Thanks