A drill bit employing a plurality of discrete, post-like diamond grit impregnated cutting structures extending upwardly from abrasive particulate-impregnated blades defining a plurality of fluid passages therebetween on the bit face. PDC cutters with faces oriented in the general direction of bit rotation are placed in the cone of the bit, which is relatively shallow, to promote enhanced drilling efficiency through softer, non-abrasive formations. A plurality of ports, configured to receive nozzles therein are employed for improved drilling fluid flow and distribution. The blades may extend radially in a linear fashion, or be curved and spiral outwardly to the gage to provide increased blade length and enhanced cutting structure redundancy.