Lakefield was a Canadian mfr which was taken over by Savage in the 90s.
I have a 91TR (match stock and peep sight).
As accurate as my CZ452 Varmint and Style.
Shooting cheap bulk Winchester ammo, one inch 5-shot groups at fifty yards with scope on a good windless day is easy. Machining and finish is nothing to get excited about but the action feel beats my CZs. Trigger pull can be improved.
Your rifle deserves a better scope with AO.
I'd pay $100.00 for a good used one, a little more for mint. But that's just me and I am cheap. Others may differ.
What? 55 bucks? Guess I'm not cheap enough, eh?
BTW, your Mk2 looks sweet! Congrats. If you don't mind, please post how much you bought it, just to make me jealous.