Diamond tipped drill bits
Diamond Core Drill Bits are the best for concrete.
A drill press is used on all types of materials, woods, metals and plastics .
A hollow diamond drill bit, with lots of water, cutting slowly, will do the job. Ideally in a drill press of some kind instead of freehand. Diamond bits in rotary tools like Foredom or Dremel may do it, if it's suitable to use them with lots of water.
A drill, drill bits, screwdriver, spirit level, screws, wall plugs (Rawl plugs) and possibly a tape measure.
The drill shank could be of high speed steel or tungsten carbide.add. The actual drill rod will be of tool steel, for it has to take a lot of hammering at the top. The lengths of rod are made in increasing lengths, increasing in about 6 ft increments. This is so one can drill six ft more, then go to a longer drill. That was in the old days of manual drilling. In the 50's the drill bits themselves had inserts of tungsten carbide - then a new material. Prior to that the bits were just hardened steel.So the drill rod would be a little more than an inch in diameter, with the drill head screwed on the end. The rods have a hole through their length through which air is periodically blasted to clear debris from the hole. This 'dry drilling' is now known to have been hazardous to humans on account of the silica dust discharged.
Drill bits are made from steel. Specialized bits have enhancements to the steel to increase hardness or maintain sharpness. Magnesium, tungsten, titanium, chromium, vanadium, and molybdenum are elements added to steel for special purpose uses. A few types of extremely specialized bits don't use steel. For example, a bit designed to drill through glass will have a cutting edge of an abrasive such as diamond chips.
I lube mine occasionally with a white lithium spray grease. That works well as it penetrates inside .
Chamorro is pork shank.
You don't need a drill bit for anything on drywall.
Generally speaking a table saw is the tool of choice for tenons with either a stacked dado set or a tenoning jig. Mortises are most often cut out with a drill press or router and squared up with a chisel or there is a specialized tool made to cut out the mortis that works something like a drill press but leaves squared edges.
A regular HSS drill bit will easily cope with masonite.