Oil is pumped into an oil gallery from the other side of your engine. This gallery feeds oil up to the head and into the big rod ends.
That hole you drilled is in this end of the oil gallery. The oil passage that goes downward feeds oil to the crank bearing on this side. Any debris in that passage will go right into the crank bearing.
The oil passage going back feeds oil into the transmission. Oiling the bearings on that side of the tranny. Debris in this passage will get into those bearings.
It's your engine, do you want debris in the crank and tranny bearings?
If not I might suggest splitting the cases and cleaning those passages out.
Remove all the old plug.
While you have the cases split, take it with you to a parts store. Engines have plugs of various sizes to seal the oil galleries and water jacket. Find one that is tight enough to need tapping in with a bit of persuasion. A thin coat of JB Weld on the plug, tap in place.
This should seal the passage.
Leo