The discolor is the casting lifting from the tube. Could be a bit wax on the tube, the tube not clean or the way you are squaring the ends of the cast up to the tube.
I used to get that even with CA on oily woods. Pen mills will do that too. Sanding mills are easier to sneak up to the tube. The cast is not sticking too well but that can be overcome. Well, let me ask, is it like that after you cast it, or after you mill/square it to the end of the tube?
If it is happening BEFORE you square it, you are not getting good adhesion; if after, you are using too much pressure or dull cutter to get it squared and the resin is lifting from the tube. Could be heat too. IMO pen mills require pressure to do a decent job. That is why on another post, I was surprised that Woodpecker, a very high end tool company created a pen mill. In the long run they cause as much problems as they solve.
These are my experiences and opinions. Others are welcome.