Simply put, YES the model 70 is probably one of the best actions ever made, and in the 30-06 cartridge will be good out to 500 yards if you are a proficient with it. It will kill big game animals NO-PROBLEM at 500. I would still recommend that you get within 400 though for overall ethics. A 30-06 will drop 27 inches at 400 yards, and wind drift alone is too much to compensate for most hunters. Get a .165 or a .150 for flatter shooting.