Do you have any idea the thickness of the crescent shaped metal brackets that attach to trailing arm above and below the springpan that the six holes are drilled through. I'm thinking like 1/8".
They are at least .125" but in the back of my mind I seem to recall them being something a little thicker, say .140"(?). It's been several years since I did this and with two shop moves in the interim, I can't find my notebook on all the different things done to car including information on these brackets, D'oh!
Attached is a little bit of a description for the screws used so you can see how grip length vs overall length is defined in the standard. Here's the URL for those screws from Spruce, note that for these screws grip length is overall length less 17/32":
https://www.aircraftspruce.com/catalog/hapages/ms24694.php?clickkey=5737
I used the following types of countersink tools when doing this work:
https://www.aircraftspruce.com/catalog/topages/at442.php?clickkey=16322
https://www.aircraftspruce.com/catalog/topages/at418e-4.php
https://www.aircraftspruce.com/catalog/topages/countersinkcut3.php
What I like about this particular set up is that you can get different sized pilots and diameter cutters, even different angle cutters and play mix and match to suit whatever wild and crazy thing is being done at the time (and trust me on this, we've done all manner of wild and crazy things in the shop). It is a very flexible, but unfortunately pricey system of tools.
If your countersink needs are such that you don't need all that tool system flexibility, these should do the trick and are priced reasonably:
https://www.aircraftspruce.com/catalog/topages/micro-stop.php
https://www.aircraftspruce.com/catalog/topages/stopcountersinkcutters.php (here your cutter is the 12-00947)
It boils down to a judgement call on how many countersinks and the number of different size/angle countersinks you intend to make when selecting the tool system. Another thing is to have a piece of scrap material around so you can set up your countersink depth. Given the bracket thickness, I decided that flush to about .003" protruding head would be the target. This was to make sure that the countersink would not knife edge the bracket and knowing that the slight amount of protrusion would be taken up by the urethane spring pads I was using. It's a trial and error process setting up the countersink depth but once done, you're good until you're either finished with the job or you have change cutters.
Something else that was done was a wet installation of the fasteners and brackets to the trailing arm using a polysulfide sealant. Again Spruce or even places like West Marine carry small quantity containers of polysulfide sealant. You could also use some sort of a chromated primer, but that is getting hard to find now, something about hexavalent chrome compounds and being a carcinogen. Without some sort of wet install, water or water borne solutions can wick their way into the faying surfaces and set up corrosion between the dissimilar metals. This doesn't make that impossible, but does greatly reduce that potential, no pun intended.