Let me guess right front outer rear bolt.
Hi Richard
Did the same thing on my HUP back in 1978 skidded through a 3 foot high snow bank and hit a catch basin sheared rear outer bolt off. This was just after I got my HUP and did realize that not all the brakes were working.
I went the through the same basic steps you did with about the same results. How far in have you successfully drilled? How centered is your hole? Reason I ask is that I was able to use a hole saw just smaller than bolt managed to saw out the remains of the bold leaving the threads in the axle intact then just rethreaded them to clean up.
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