Time marches on and 97 is almost 30 years ago, and even though the long heavy bullets were beginning to be around then, they weren't as popular as they have become since, and plus, bolt actions were considered varmint guns, and kept their original twist rates for some time after the semis were made with faster twists.
That twist is intended for common 55 gr or lighter bullets but that doesn't mean it won't shoot heavier bullets acceptably. It probably won't work well with 70-90 gr bullets, but I wouldn't be surprised if it does well with 60-62 gr bullets.
I'd say this depends very much on the rifle, the specific bullet, and what you consider "acceptable".
I have an early 80s vintage Win M70 Varmint .22-250 1-14" twist. Back then the "heavy" .22 bullet was 63gr, the Sierra "semi spitzer", and was the "deer bullet" for .22 centerfire (where legal, of course).
I got a few boxes on a trade deal, and eventually tested some.
My rifle shoots 55gr into about an inch at 100, sometimes a little better maybe 3/4" when I'm having a good day. The 52/53gr match bullets go 3/4" and once in a while 1/2".
The best I ever got shooting those 63gr Sierras was 2". Good enough for deer, not quite good enough for small varmints.
Depending on the bullet your rifle might do that well, might not.