A drill, jeweler's saw or tiny file will all do the job - which one's faster or cleaner will depend on whether the new hole overlaps with the existing one. If it is in a totally new spot or if it more or less perfectly overlaps the existing hole but just needs to be bigger, a metal drill bit (or even a wood one if you don't care about it getting dull) will do the job in a matter of seconds. But if the new hole needs to be centered on the edge of the existing one, a file or jeweler's saw is the better way to go.
cheers, Derek