Chip is on the outside of the outer lip, not the metal lip that contacts the brake shoes. I would use it with no worries.
There is a little overspray of blue paint past the chip. OP was directing his sprayer from the outside of the drum, the spray got past the chip area, and deposited as a crescent shadow of the missing metal on the inside of the drum's inner lip. I believe the chip was there even before he started painting.
There is a little overspray of blue paint past the chip. OP was directing his sprayer from the outside of the drum, the spray got past the chip area, and deposited as a crescent shadow of the missing metal on the inside of the drum's inner lip. I believe the chip was there even before he started painting.