Maybe yes, maybe no. 1:48 stabilize some conical designs quite well, and some very slow twist barrels stabilize minie balls while being like 1:78.
A modern bullet mold from Lee Precision will cast a .401 diameter slug at 145 or 175 grains. This mold is intended to be used with a lead alloy when casting, and it allows for the cooling of that alloy, so what it would give you using pure lead is unknown. I'd venture to guess that it won't shrink enough to allow it's use in a .40 barrel, but I have no idea until an actual comparison is made.
You might also contact Lee Precision and see if they can make a swaging die for you to swage the cast .401's down to about .398 if pure lead doesn't shrink down enough. A Custom mold can be had at $175.00, but the nice thing for a swaging die would be any lead .401 bullet could then be sized to fit your barrel.
LD