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Hi Bojan,
I once converted a massive old Russian bench drill into a mill by changing the bronze bushes in the head to needle roller bearings, and then using a compound vice for my moving table. I think it would be possible to use the compound vice and convert the head section of it to become your tool holder maybe? The size you're chasing is about $78-$80. This would give you two axis movement. (I'm currently converting my cheapie hydraulic log splitter to a workshop electric press..........necessity, the mother of invention!)
Cheers, Rod
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