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I had a similar issue, a rigger replaced the stainless fitting with an aluminium pad and aluminium fitting welded so that the weaker area was straddled and there was less chance of galvanic corrosion.
On another mast I noted a sleave welded over a weakened section.
In both cases the rigger avoided more holes and rivets.
If I was stuck away from a competent yard, then a rivetted patch would be an option but it would be replaced with a welded solution once I reached a suitable yard.