Chris
Spindle diameter is probably insufficient for MT2 adaption. Minimum diameter for MT2 seems to be around 1 1/8" inches, 1 1/4" sounds safer. Yours is probably about 1".
Picking up on the mention of Corona models by DiogenesII it looks like these, later machines, were fundamentally an update of your drill with muti groove vee belt drive, silly skinny looking thing, and a few, mostly cosmetic changes. The Corona 100A/1 I owned before I getting the 15AY was fitted with an MT1 taper in the spindle.
Generally the Corona versions appear to have been for woodworking use with appropriately higher speeds.
Pollards made a huge variety of machines and there is lots of commonality through the ranges. I suspect the sliding carrier for the quill & spindle assembly is the same as that used for the metal working machines with MT2 and, possibly, MT3 spindles. Easily checked by measuring quill diameter. If so it would be mechanically practical to chop the end of your spindle off and weld on an MT2 carrier.
Something I considered for mine when frustrated by the inability to use larger drills. Plan A being to operate on an MT2 jump up sleeve.
Never summoned up the courage to try! Sleeve is still kicking around here if you fancy a go!
I'd previously asked Pollards, who were still supplying limited spares at the time, if an MT2 spindle could be obtained and fitted. As I recall it they said that although an MT2 spindle could theoretically be fitted the job was impractical because the splines wouldn't match my pulleys.
Clive