Abstract: Two-piece drill bit and methods of manufacturing same provide a preferably hexagonal shank, and a drill having a proximal end inserted into an axial hole in a distal end of the shank. In a preferred embodiment, at least part of the area adjacent the pr drill portion is knurled. Alternative embodiments have wings, polygons, tapers or other irregular shapes, or combinations of same. A variety of means may be employed to mechanically capture the drill portion in the shank.