I see where you are coming from but there is not much research on bolt thrust.The bore was correct as it was a No 4 action, re-barreled/chambered to .300 Win Mag.
If it was rechambered the pressure would be quite a bit lower as the bullet would be riding the grooves.Especially if the barrel was worn
But what pressure would you expect from a .303 case full of N-110 and pushing an 180 grain jacketed projectile?
Huge
As for ultimate strength, not sure. It did well here. The advantage of the m98 mauser with forward locking lugs is more strength for weight, as it does not need a strong entire receiver like the rear locking Lee action. A .303 Mauser would be lighter therefore than a .303 Lee, but the Mauser would have longer bolt travel, more degrees bolt handle lift and it could fail more catastrophically if the lugs gave way. The Mauser would not have ua bolt body to flex and bend between the cartridge face and locking lugs, which allows the Lee to fail more safely for the shooter, with a bent bolt occurring before lug failure occurs.
Have you ever Cut a Mauser action up? There is alot of steel behind the lugs,a third lug on the bolt body and the bolt handle.
What I'm saying is, the Mauser and Lee actions alike can be manufactured to handle any cartridge. The No 4 was made to handle .303 but with what looks like a considerable safety margin based on this video.
I'd worry about loading .303 cases to .308 pressures, as the .308 has a cylindrical chamber-gripping case... but the .303 has a cone-bodied easy-extraction case that will give more pressure back against the bolt face. Add oil or water to the outside of a conical case and the bolt face will really feel it. It is not over engineered but engineered to cope with that.
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