Personally, what i did was to open up the rifle and use ballistol oil and spray. Wiped it off and put her together.
Any fluid with ammonia in it should not be used for chrome lined barrels. Check your bottle of hoppes. I am too lazy to use google, just as you.

I was going to convert it into a match rifle. Not anymore.anyway, i dont think its a good idea to have a peep sights on a dovetail fitted on a full bore centerfire rifle. Ofcourse there are more experienced people to give you better advice.
This is just ky 2 cents worth.
Cheers