I loaded some very similar loads for my 12 year old daughter this year. Rifle is a Savage Axis 7/08, 20 inch barrel. I used IMR3031 just because I have a bunch of it. My daughter's practice loads were 35 grains 3031 with 120 grain Nosler BT's. I never did chronograph those, but boy they shot great. For her elk hunt a few weeks ago I had her shooting 120 grain Barnes TTSX and 38 grains IMR 3031. I verified the zero with those loads just before her hunt, and chronographed them at just over 2800 fps. She killed a big cow elk with the first shot at 215 yards, and the second at 260. Never noticed the additional recoil.