The lead slug driven through the bore will tell you the tightest spot it has passed through but not necessarily what the muzzle is which very often is the largest part of the bore. Quite often solid frame guns will have bore tightness under the threads. This is where a set of plug gauges really pay for their keep and yes it can be hand lapped out with cast lead, lap charged, bore slugs on a bearing-ed lap rod. I once tried fire lapping a percussion revolver and it did not work for me although I have gotten very good results from the process with cartridge guns.