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If you are looking for an entry level magnetic-based drill with the features of much more expensive models, look no further. The Evolution Power Tools S28Mag comes with a simple to use coolant system, two-stage magnet, and included drill chuck for twist drill use. The S28Mag utilizes a standard 3/4 inch straight shank for easy compatibility with most popular annular cutters. Capable of up to 1-1/8 OD holes in 2 inch thick material.