I am getting into woodworking and I would like to make some of my own tools.

Could any of you gentlemen tell me if it is feasable to try to grind or mill a
groove in 4142 steel with a 16 inch drillpress? If so, what kind of cooling
fluid would I need? Or would it be easier to grind the groove with a angle
grinder in some sort of holding jig?

Any suggestions or help will be appreciated!!!!!!

TIA
Jim