Don't touch those chips with your hands. A hook or pair of pliers would be much better.First, I apologize for the jerkiness in the video, the camera is on a magnetic base clamped to my computer's keyboard/mouse platform, every time I use the mouse the platform jiggles, I'll find a better spot for it.
This is my first time with a 1/2" drill so I kept fiddling with speeds, power feeds, and lube. In the end, I think 400 rpm, medium feed and a shot of tapping fluid worked the best. I also need to wear gloves, those shavings are sharp! Anyway, the 1/2" hole is not critical, it's plenty good enough with a drill, that it's way above my requirements and expectations is delightful .
Here's a link to the video, and a picture of the hole.
Tool Post 0.5" Drilling
View attachment 478926
Try to get the feed to around 0.0025" per revolution.