If you buy a jobber drill out of a hardware store the drill point angle is a 118 degree included angle not 120. It is a 59 degree angle and not a 60. The other normal angle that it can come in is 135 included angle. I am sure one can get them in about any angle for special applications. Having said all that any angle close to that will work. The main points a to look out for are is that they are as close to the same angle as possible and the flute lengths are as equal as possible. I sharpen free hand but it does include a drill gauge. I like to stay at 59 degrees as closely as possible. It is easy to change angles when grinding and it is also easy to get one flute longer than the other. Hence the gauge which also has lines on it and I veneer the lines. Just so you know if drilling copper ,copper likes a single cutting edge not 2 so the drill point is drilled odd center with one flute longer that the other. Copper conducts heat very well and it can heat up and actually cease the drill bit.
Having said that steel on the other hand likes flutes of equal length. Also a drill of one flute being longer than the other will also drill a larger hole than the drill size That is where probable hole size comes into play
Now to sharpening. First of all you have to train your mussels so do not expect preface points right out of the gate. Place the drill onto the wheel ( eyeballing the angle of the point parallel to the grinding wheels face). I use 2 hands one top close to the wheel for support ad the other closer to the body . one closest to the body is dropped down and there is a twisting motion at the same time. Do not ride the drill point up the wheel but the grinding should be dun when the point is dropped. You can move it up and down the wheel but do not let it ride up always down. You will know when you are at the cutting edge because you should be see sparks come over the the cutting edge than drop the body hand and slight twist the drill at the same tine.
I bench grinder works best for this operation and the stones that come on the grinder will work but for me a 180 CBN wheel is ideal. Fine enough to get a good sharp edge but course enough to remove metal without heating the wheel. I find it easier to feel than a regular stone.. Some will argue a belt sander works great but the sanding belt comes away from the platen and actually make the cutting edge duller and I think the using of a belt sander is the stupidest idea I have eve heard. But what do I know I only taught Machine shop for 10 years at a community college.