You'll want to look for the highest rupture strength carbide you can get (ie usually a nanograin carbide) and your best bet is going to be a diamond based coating if you are looking for extreme tool life. DLC (Diamond Like Carbon) has one of the best wear rates of any cutting tool coating. They use this for cutting PCB boards and it usually increases tool life by a factor of 10 over uncoated carbide in abrasive materials. It doesn't come cheap but my guess is that one tool would cut more than you need.
I wish I could recommend a specific tool for you but I don't work with wood much. I know the down shears have a very different helix angle but will an endmill work for your purpose?
What RPM are you running at?


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