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Typically a compression tool is used for cutting laminates to help reduce chip out. The Compression tool has both an up and down spiral on it which pull chips to the center. You will need to be careful with this type of tool, be sure not to perform frequent plunge operations, such as in a drilling scenario. Frequent direct plunge operations can cause the bit to heat up and potentially cause a fire. If you will have frequent plunge operations, such as in a drilling routine, then it is best to use an up spiral type tool.
As for feeds and speeds, you will have to work with this some for your particular material, but if you have good hold down you should be able to start with a spindle speed of 18000 RPM and cut feed speeds of approx. 500 - 600 IPM.