Fabrica De Arrmas Oviedo 1904 is the clue here.
This rifle started out as Spanish Mauser chambered in 7mm Mauser and has been rebarrelled and rechambered in 308w.
This is what it would have looked like in it's original configuration.
If it was mine I'd clean up the metal surfaces and reblue them, refinish the stock and go Bush Hunting.
Cheers
Pete
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