I too have a Win Mod 70 Featherweight that I purchased new in the late 80's (non controlled feed action). The best I have ever been able to get it to consistently shoot is about 1 1/4" and that is with certainly handloads. The skinny, lightweight barrel is really a roadblock to getting MOA accuracy.
However, if you are having trouble reaching at least 1 1/2" after all of the things you have already done, you might want to consider recrowning the barrel.
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