Finding top dead center is usually the greatest challenge for me. I'll find it using tools and then eyeball it and determine it's "off." Still developing that skill and there are several common methods out there. I try every one I can find. Takes a while but I get it. If you already have a front sight mounted, that helps a lot.
Once located, I "glue" the sight on with RTV or silicone caulk, leave them alone for a while, a few days even, and pick up the rifle once in a while and glance through the sight. Once I've convinced myself it's OK, I'll spot the first hole with a bit the size of the through hole in the sight base, then start the hole with a stiff center drill. After that, it's a matter of getting a clean hole with the right tap drill. Watching your depth becomes the next challenge if it's a blind hole. Don't be stingy on the cutting fluid and clean out chips often. I remove the drive belt from the spindle on the drill press to use that as a tap guide to start the tap straight. A fat center punch in the chuck rides in the hole in the back of the tap handle. Once you clean the taped hole up, you can mount the sight with that first screw and repeat the above process for the second hole, which is mush easier.
I've omitted some detail here, but if anything about this process interests you, we can fill in blanks. I'm certain there are many here who do this much more correctly than I do, so I'll withhold detail until more competent machinists validate what I've shared - or steer you away from it.
May take me several hours (or days) to set up and mount one, but if I goof, it's a lifetime of embarrassment and irritation every time I look at it. Besides, no one else has a clue how long it took you - they just see a good job.
I believe I got the bulk of that process from a Lyman receiver sight set of instructions. I will have to dig for it, but if I can find it, I can scan/e-mail if desired.
EDIT:
Didn't have to do any digging:
https://www.trackofthewolf.com/pdfs/lyman57and66sights/lyman-57&66-sight-instructions.pdf
This one is helpful too, even though it's for a Winchester Model 92:
http://www.beartoothbullets.com/print.php?itemnumber=101&table=tips&type=Tips