Step 3: Drill Project Enclosure Holes
To ascertain the correct sizing, take the piece that you're drilling the hole for, and strip it of all nuts and washers, so the thread is on the outside. Take the piece and find the hole on the drill bit index that it fits into snugly. Make sure it's a snug (but not forced) fit. Once you figure out what size of drill bit to use, write down the size and its corresponding component. Repeat this process for all of the components that will be mounted in the enclosure, which includes the 1/4" audio and 9v jacks, the LED, and the two potentiometers.
Find all of the different size drill bits you'll need and head over to the drill press. Order of drilling doesn't really matter, so start with whichever hole you'd like.
Begin by securely clamping down the enclosure in the drill press's vice, as shown below. Next, place the desired size of drill bit in the "chuck" (the drill bit holder), and tighten it down with the chuck wrench as shown. While powered off, lower the drill bit and adjust the location of the enclosure so the bit will drill through your marks. After this, put your safety glasses on, turn the drill press on, lower, and drill! Repeat for all marks until you have a hole for the two potentiometers, both jacks, and the LED.
After you have an enclosure with all holes drilled, like shown below, test all of the sizes by placing all of the pieces in their respective spots.