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as well as the H&R ''Shikari''
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The modern NEF Handi-Rifle (now produced as H&R Handi-Rifle) is a much stronger gun. The same platform is also chambered for the .500 S&W which has higher SAAMI pressure specs than industry standard for .45-70 Level III loads (50,000 cup). I'm not sure if this makes for an apples-to-apples comparison - and I'm certainly not recommending using max Level III loads - but it does add to my confidence that Level II loads are safe.
Anyway, I touched off my first .45-70 hand-loads at the range today. (45.7 grains Reloader 7, 300 gr JHP). All went well and Reloader burns nice and clean. I plan to work it up to about 50 grains and see where I like it best.