Inspired by the recent introduction of the 45 Raptor, an Australian shooter using the screen name of Quan-Time worked up another bigbore round based on the 308 Winchester case. The new round is called the 458 dropbear.
Quan-Time details the cartridge and the process he used to develop it at the Overclockers Australia forum here. If you have an interest in how one develops a new load, it is definitely worth the read.
The initial load tested used a .458 caliber, 350 grain Woodleigh RN bullet over 42.5 grains of ADI 2208 powder. (Note: According to ADI, 2208 is approximately equivalent to Hodgdon Varget and IMR 4064. Read this for additional information.) This load produced about 1,600 fps without a crimp and an estimated chamber pressure of 24,500 psi – well under the maximum established for the 308 Winchester. With additional development, this cartridge should be well above 2,000 fps.
Thanks to Nik for the tip.