Savage actions (except these investment cast oddballs) have always been machined from solid steel bar stock. Nothing wrong with cast receivers - as you noted Ruger's been using them for decades, but Ruger also holds much better QC than Savage did at the time these odd ducks were made. Simply put, if they were any good Savage would have stuck with the process as it's much less labor and time intensive to investment cast them than it is to machine them, plus it's a lot cheaper.
I once saw a Finnish sniper rifle built on a Mosin action that had a sleeve installed around the barrel just in front of the action simular too the sleeve that contains the rear sight on a Mauser. This sleeve had 2 bosses that were threaded for the action screws. It was glass bedded at this boss & the receiver itself was floated as was the rest of the barrel. Such an arrangement takes receiver stiffness out of the equation for accuracy. I might possibly do something simular with this action?
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