You aren't being entirely clear as to what it is you tried and what has failed. Regardless, I made up a small sample piece that you could look at. File is attached. To open the file, go to Fusion and click New Design from File
Option 1 that I established is how I would do it. .312 Spot, .125" drill and .125 endmill using the Bore cycle to bring the counterbore to size (you could also use a 6mm endmill and plunge it out)\
Option 2 and 3 I really don't recommend, but are useable if you have to. The hole size versus endmill size is very close that you are effectively plunging if you bring it into the 3.2mm hole. Most endmills don't have the chip clearance for that to work very well in most materials and you will likely end up with a tool breakage.
The difference between a .125" drilled hole and a 3.2mm print feature is so small I promise you won't notice the difference.
Seth Madore
Owner, Liberty Machine, Inc.
Good. Fast. Cheap. Pick two.