Yes, the small holes either side of the joint are feed holes, with matching ones on the other side of the tube.
Feed into the hole and draw it around until visible in the other side, then draw and fill any gaps around the main join line.
Since it's all capilliary work, I generally use silver anyway, 40% usually SIF#39, no point in wasting 56% silver rods.
Could be done with brass/bronze, but I prefer to leep it as cool as possible... and often there's paint that needs to be preserved on the crown or blades.
The 7/8" internal splice is 40mm long, 20mm either side of the joint. I use cold drawn seamless 4130 cromo, 0.049" wall, since I have that in stock. It seems like a good idea to roughly match the properties of the steel parts,, but I don't imagine mild steel would cause any problems, since it's the filler material in shear that's doing the.real work.
The tubes are kept square edged at the joint to help the capilliary action. I just deburr the inside edges, but leave the outside snaggy, since that helps stop the filler from running out too freely onto the outside of the tube. Just file it back to the surface when finished.
The joint in the picture looks a bit wide, usually it's maybe less than 0.5mm, but sometimes the steerer tubes have less consistent or even walls than the cold drawn seamless, so their profiles don't match perfectly.
All the best,