Conversely, I’ve never had a problem using slot drills in the lathe and vertical mill to make flat bottomed holes.
The only caveat I would add is that in bronze a positive rake slot drill may have a tendency to get dragged into the work, in similar fashion to a twist drill. This can be ameliorated by ensuring that the setup is rigid and, more importantly, keep the feedrate up. Use a fairly aggressive feedrate, stop at depth and immediately back out.
Regards,
Andrew