I wouldnt bother trying the ammo. 40 years of attic heat and humidity surely had to affect the powder inside the ammo. If it does fire the groups will probably have some bad vertical stringing. As AllenJ said, the ammo could be worth something if its in the original box.
The gun should be fine as long as its not rusted too bad. oil it a little, run a patch down the barrel with a little rem oil (or equivalent) on it, followed by a dry patch, followed by one with bore cleaner on it, wait a couple minutes, followed by a brush, followed by a few dry patches until they come out clean, and go shoot it. But get some new ammo. I recommend Hornady LEVERevolution, if you can find any right now.
You have one of the finest lever actions ever made
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