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This brass is rimmed not center fire? Very interesting. Why is it only good up to about 150 yards?
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The brass is rimmed but not rim fire. The .348 is most definitely a Centerfire cartridge. The limitation on its range is a function of the bullets and the shape, flat tipped, that they must have on order to be safe in the magazine of the Model 71. Flat tipped bullets have much poorer ballistics than pointed bullets. Compared on the basis of pure energy, it is the equal of the .30-06.
Pete