It will kill a deer even if it doesn't expand. Just because a projectile expands doesn't mean a thing and certainly shouldn't be used to base the terminal performance of a bullet off.
A good cast subsonic load will still expand at 150 yards if it hit a bit if bone, maybe even if it didn't hit bone. Can assure you it will kill the animal if you hit it in the vitals, might just have to track it for a couple of hundred metres. Same effect as using a .223 at a longer range.
Expansion is only a part of the equation.
I've seen plenty of slightly miss placed .223 shots in my line of work and most of the time the deer is gone never to be seen again. Slightly misplaced shots with something like a .308 with eldms or similar soft projectiles often results in a very short track.
Don't get me wrong, I love my .223 but they are simply not the caliber you would take out to try and shoot deer over 500 yards.
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