There is a lot of force on this area of the hub, and having two bolts threaded into the spindle pin boss is scary at best. A 1/2" bolt is smaller than the ID of the ES bushing sleeves by quite a margin (if I understand your intent). You'd be much better off using a long 5/8" grade 8 bolt run all the way through than what you're talking about. It would be a bit smaller than the 16mm spindle pin (.620 vs .631... I know, a 5/8" bolt should be .625" but actual shank diameter will be close to .620), but once the ES bushing sleeves are clamped in place with the bolt, they MAY be fine.
If I were you, and I'm not, I'd just go buy two new spindle pins and call it a day.