Fair question, this is important. Take your time. Get the saw dismantled as much as possible, no handle, covers or starter mechanism. Then mount the saw on a wooden board, you can chock it and clamp it, place a drill in the hole you are trying to bore out - check this is square to your drill press or use spirit level.What I wish is somebody would tell me the trick to getting the hole drilled straight. Doesn't matter much on a screw hole. But, on a bar stud if you are off angle just a little the cover won't fit.
I regularly break taps so i just keep and regrind a broken one flatIts called a bottoming tap if your looking for one.