Drill and tap it for what?
Yes, but you have to drill and tap.
For a cut tap the correct drill size is a #17 drill, which has a diameter of .173 inches.
The recommended drill size for tapping threads with an M3 tap is 2.5mm.
The recommended drill size for a 0-80 tap is 56.
Common references list the tap drill for a #12-24 screw as #17 or .173"
For an M6 tap, a drill bit size of 5.0mm should be used.
The recommended drill size for tapping threads with an M3 tap is 2.5mm.
To determine the drill size for tapped holes, you typically refer to a tap drill size chart, which provides the recommended drill bit diameter based on the size and thread pitch of the tap. The general formula used is to take the nominal screw size and subtract the thread pitch to find the appropriate drill size. For example, for a 1/4"-20 tap, you would use a 7/32" drill bit. Always ensure to consider the material being tapped, as it may affect the final drill size choice.
You can use a small drift to tap it loose OR drill it out.
It is not a drill bit, it is called a Tap. You drill a hole slightly smaller than the Tap and then screw it into the hole.
Sports(which stands for; Slap, Pull, Observe, Release, Tap and Shoot)http://www.armystudyguide.com/content/army_board_study_guide_topics/m16a2/m16a2-study-guide.shtml
Use 7/64 as tap drill and 9/64 as clearance drill