Greetings,
Scratching around on the interweb and found some Sierra data for the 130 grain TMK in the Creedmoor. Max was 42.9 grains of H4350 (AR2209) for 2,800 fps in a 24" barrel. So your 42.4 grain load is just under max and should produce around 2,725 fps so should be fine for both hunting and target shooting.
Regards Grandpamac.
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