Having a torch means you can fix other things... this Campy dropout tool came to me (free) because the threads were all but gone.
The cap on the threads might give you a clue what I used to repair it with.
I drilled out the old bolt and dropped in a length of 10mm chromoly axle and then brazed it in, the hollow axle allowed me to get some excellent penetration without interfering with the body.
Have yet to see how well it holds up but as most of the stress is at the face of the tool and not the threads I think it will work quite well.
If not, I will just build one from scratch.