Stuck Morse Taper - new to this!

[Hawkeye]

For future reference, on those mini-mills, loosen the drawbar just enough to leave about a 1/8" gap under the nut. If you only have a few threads engaged, they will be stripped very early in your career. When mine stripped out, I used a grade 8 bolt of the appropriate length as a replacement, with a T-washer to support it at the top end. I keep a brass hammer handy to whack it out after the slight loosening. (keeps the nut from getting mushed out) The replacement has held up for quite a few years.