M48
METRIC,TZ,0000.00
T01C0.70
T02C0.90
T03C1.00
%
I'll take back some of the nasty things I've said about PCB CAD programmers. The people at Vutrax obviously know what they're doing ;)
Ooops, I’ll just reconfirm my original opinion. That drill file is actually incorrect.
The header specifies 6 digits with trailing zeroes.
METRIC,TZ,0000.00
But this line, for example, has a leading zero, no trailing zero, and is only 5 digits.
X02961Y01238
Also, the Tool selection at the end of the file:-
T00 ← Is an error. Tools number starting from 1
M30
Oh well… 
You know, for nearly 9 years I’ve been wondering whether it’s valid to specify the digit format the way it’s specified in that Vutrax drill header. That is, the 0000.00 part.
By coincidence, today I finally found an Excellon manual that defines it clearly. The previous Excellon manuals I’ve read were so poorly written that I couldn’t figure out whether the 0000.00 was supposed to be in the drill file or if it was just an example.
My boss bought three massive old Excellon multihead drill machines from a company that was closing down, and he got them very cheap
The manuals for them turned up today, so I spent half the afternoon reading them and it was nice to finally get an old question answered 
Now that I know the rules, I’ll share them.
The resolution of Excellon drill machines (meaning the motor encoders combined with the screw that drives the table movement) is 2.5 microns, or very close to 0.0001"
So, in INCH mode, all real Excellon files are in 00.0000 mode and the manual defines the INCH specification as:-
INCH(,Z) where Z is optional and can be either LZ or TZ. If you don’t specify LZ or TZ, the last setting will be used, or the machine will default to LZ mode if there was no previous setting.
METRIC(,F)(,Z) where Z is as above, and F can be one of 000.00, 0000.00, or 000.000
Decimal points are allowed in coordinate data, and if present will override the current (,F) and (,Z) setting.
But I know for a fact that some PCB CAM software doesn’t recognise decimal points in drill files.
Steve.