In reply to BigBrother:
If you're buying taps you probably don't save much by not buying a set, if you've only got the bottom tap you'll probably get away with it. I'd personally want to run the intermediate tap in right to the bottom first, if the alloy is hard you'll appreciate the help from the taper, if it's soft you reduce the risk of stripping the few threads you have getting it going. Any old oil will do including WD40, it's not a tough job, just go slow cut for half a turn, back it out half a turn to break the chips, cut for half a turn, repeat. Wash it out between taps or the chips will stop the plug going full depth. Start the tap with your fingers rather than in the wrench to make sure it's straight. Also double check the pitch against a screw before you wind it in!
edit: As Dax said if you need the last little bit of depth grind the first couple of threads off the bottom tap then use it again, it works fine with care, I've used a couple of small taps like that in stainless with cutting oil.
jk (tinkerer not machinist)
Post edited at 21:02