An American National Standard. The American Society of Mechanical Engineers (ASME). Consolidation of ASME B107.47M and B107.48M. Dale of Issuance: September 15, 2005. 16p. This Standard provides performance and safety requirements for handheld and handled metal chisels. punches. and rift pins. Chisels are intended specifically for use in cutting and shaping metal objects. Punches and drift pins arc intended specifically or use in marking metal, driving and removing such things as pins and rivets, and aligning holes in different sections of material.