416 Burning oil and the road to redemption

I've been looking at this real hard for 2 days now and I still see .0115 piston to cylinder wall clearance, maybe more. Doesn't mean it won't work, but that would be a wee bit more than I would like to run. What am I missing? What do the piston skirts actually measure? Are the pistons for a 4.060 bore?

Sorry for the confusion Jim, this is a 4.070" Bore deal (actual 4.0715") pistons measure 4.0665" for .005" clearance. J.Rob