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Few things:
1. Is this thing rusty? You have not said what it looks like. Is it pitted or rusty? How's the bore? Is it pitted? You mention cleaning it up, so I assume it is rusty or pitted. I can't see how it would not be rusty if it was in a gun case wrapped in a blanket. Any surface protection would have been wicked off by all that stuff and you had this thing in an attic. Forget about it. It's probably long lost to corrosion.
2. Folks are recommending that you take it apart and clean it, oil it, etc. Don't take it apart unless you know, a lot, about how to disassemble and properly reassemble a model 94. It is NOT for beginners. It is very complicated. You can take it to a gunsmith to do the work, but if the outside is rusty, forget about it. Save yourself some time and money and junk it.
3. Best thing you can do with this if it is rusty and corroded is to take it to one of those big city gun buy back things where the do-gooder politicians will pay you $100 for guns that are turned in. Those things are usually "no questions asked" and they will usually either give you a cash card or food store gift cards. Just act really suspicious, keep looking over your shoulder and muttering and stuff to make them think you are "turning in" an old crime gun. They don't ask questions, they don't require ID, and they give you money. Can't beat that with a rusted up rifle.
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