Axially self-aligning drill bit

A drill bit comprising an elongated, stiffly flexible shank, a hardened, enlarged, generally elongated, flattened cutting head integrally and symmetrically formed on said shank, said cutting head having two opposed elongated diamond shaped face surfaces sloping towards each other from said shank, and a pair of side surfaces each intersecting a separate one of said face surfaces at an acute angle to define a cutting edge and the other one of said face surfaces at an obtuse angle to define a trailing edge, the angle between a cutting edge and its associated trailing edge being about thirty degrees, said side surfaces intersecting with each other on the longitudinal axis of said shank and at an acute angle of about thirty degrees to form a tip edge on said cutting head, said tip edge being skewed at an acute angle of between about ten degrees and about twenty-five degrees with respect to a plane through the longitudinal axis of said shank and perpendicular to the planes of said face surfaces, rounded transition edges converging inwardly from said side surfaces to said shank, said cutting head having a width at its widest part greater than the diameter of said shank, and each cutting edge having a length equal to twice the width of the widest part of the cutting head, whereby said drill bit is capable of drilling a hole effectively and accurately over a distance of substantial length without wandering from a straight path and may be readily withdrawn from the drilled hole without binding therein.