I was lucky that I had two decent fork stanchions for this bike - many old SR250 forks get terrible corrosion. There were no issues in the 'working' area of these, however there were a few small rust spots that I wanted to address. I had seen this fix method somewhere online and decided to give it a go myself.
So I sanded back the spots with 400 grit sandpaper, cleaned it with acetone, then filled with a really strong gap filling 2 part epoxy. Then waited for it to harden and sanded it back carefully. It looks like it has worked but I am not certain how long it is going to stay put! Perhaps there is another type of two part epoxy that would have been better suited to this. Oh well, this area of the forks will be covered anyway by the custom headlight brackets - as well as being sealed and water proofed (held in place with orings).