Drill bit apparatus and method of manufacture of same

1. Field of the Invention A drill bit for use in association with a power or hand drill comprising a drill bit head and shaft. The drill bit head includes a drill bit cutting head and a guide point. The drill bit cutting head includes a first and a second cutting vane. Each cutting vane includes a first cutting edge which extends perpendicular to the axis of rotation and is provided for removing workpiece material, a second cutting edge which extends parallel to the axis of rotation and is provided for forming a substantially smooth workpiece bore, and a channel for facilitating the expulsion of removed workpiece material away from the first cutting surface as the drill bit passes through the workpiece.