SPM; I've pretty much been on my own coming up with ways to do this stuff and I always wonder if a real machinist would do it better or easier. Anyhow, for Rem bolts I made up a 1/2" 13tpi r/h thread arbor with a square shoulder that steps up to a .700" dia shank that chucks into my 3 jaw, so that I can drive the bolt to single point the face. Even with the arbor made up tight in the back of the bolt, I added a socket head stop screw that sets in the cocking notch of the bolt, so I can run the lathe in reverse and cut from the firing pin hole going away from me. I can watch the cut better that way. Ground a hawkbill cutting tool that clears everywhere but the tiny cutting point. Chuck up arbor, set live center in f/p hole, fiddle with arbor until I get < 1 mil runout, then set the steadyrest behind the locking lugs and pull the tailstock back. I use CMD Extreme Pressure Lube #3 on the brass steadyrest tips.,can't find white lead). I've never used a steadyrest with roller tips, but I like the brass tips just fine. I think that they dampen resonances and prevent chatter.
I use the same setup for opening Rem bolt faces too. May not be the best way, but it works with what I have.
Sorry to be so long-winded, but my wife hasn't shown me how to post pictures yet.
Hope this helps, Tom