Fiberglass
Fiberglass is easy to work with, but hard to make look a job look good. Fortunately, no one will see the keel bolt repair.Be sure to sand and clean the repair area first...36 grit paper is good. The rougher the better. I would attempt to get a fiberglass repair kit that hasn't been on the shelf forever. Normally the kits at the paint stores or hardware stores, do not sit on the self like as long as at the auto part stores. You will need a couple paper plates and several cheap paint brushes; thoses that cost 40 cents (I like to use an 1.5" brush). Temperature is everything. Fiberglass is easier to work between 70 & 80 degrees. For your repair, I would pour about half the size of a golf ball amount of resin in my plate, and put about 5 to 10 drops of hardner...depending on temperature. Be ready to mix and apply quickly. After mixing, apply a coat of resin on the area to be repaired with your paint brush, then put a layer of cloth over it. Apply resign over the cloth using blotter motions...work the air bubbles out from under the cloth. After a few minutes, your brush will start getting stiff; this is okay; it makes it easier to work the glass. Three layers of glass mat is all you need. Once you start working you should be done in 10 minutes. It will not take long. Use acetone to clean up. Through the brush and plate in the trash. And, it is a great idea to wear rubber gloves. I like those cheap surgical gloves. Fiberglass repair kits are not expensive, and you will have plenty of resin and cloth to practice with, before you work on your boat. If you get some resign, that doesn't want to set-up (OLD), add more hardner, sometimes lots more hardner. Good luck,David