Looks like you got your slot cut. Take this as constructive feedback please; but your finish is poor. As many have said 3000 RPM seems too fast to me. When looking for speed in "mild steel" 1018 Cold Rolled as an example, use the formula CSx4 divided by diameter. CS is = to the cutting speed of the material 90 is a safe bet for Cold Rolled, diameter is the cutter diameter in a mill or diameter of the work in a lathe. So we would have 90x4= 360 divided by .75 which equals 480 RPM.
Again as many have suggested rigidity of the set up effects the cut as well. Since your using a mini mill I would suggest making sure your gibs are adjusted properly and any locks applied to axis not being used to remove movement there. Same holds true for your vise or hold downs and make sure your quill is locked as well or it will add chatter. In other words hold anything still you can.
Lastly and again credit to those who have suggested it, cutting oil can really be your friend. I also like Rapid Tap for a lot of things, its available and relatively inexpensive. It will smoke which may or not be an issue in your shop. I suspect not if your using motor oil. Cutting oil is NOT a lubricant but rather a fluid to assist in cutting the material and keeping the tool cool. Its an amazing thing, I was doing some deep boring on some chrome moly steel tubing recentlT and a few drops of Rapid tap took the chatter right out of a deep cut into a longish piece of tube.
I suspect your cutter may have been damaged early on and once that bell has been rung there is no silencing, and I'm referring to the noise it makes when you use it. I hope we have helped you here. Good luck on your next project