Yes, I was on the wrong page!
I have thought about this problem, as it has been discussed recently. If I were doing this construction, I would drill the pin hole 3mm dia. Seal with resin (or thinned epoxy), working the liquid into the surface with a tooth pick. This first coat will be absorbed into the wood, giving a good seal, but rough, raised surface.
Then, after curing, I would re-drill 3mm dia. Add a second coat, slightly thicker, but not blocking the hole. After curing, drill through using 2.5mm dia drill.
The cotton bud shaft should be a close fit into this hole and provide a nice bearing hole for the hinge pin and no possible wear on the sealed surface.
If you don't want to go the cotton bud shaft idea (Snax originally posted the idea, thankyou), just modify the drill sizes to suit your application.
Here is the pic of the pen injector.