I have a friend that recently had his house burned down and all of his guns were stored openly - no safe. He brought me a pair of USFA Rodeo's that had been through the fire. My first thought was "there is no way in h** that these guns can be saved". They were nothing but a ball of combustion products and rust. After a couple of trips through an ultrasonic cleaner I was able to get them disassembled, then had another friend glass bead blast them.
They looked good at that point, but I was very concerned over metal structure, etc. as y'all have discussed. The friend then took them to Alan Harton in Houston for examination. After a thorough exam, hardness testing, etc. they were deemed safe to shoot. He had them reblued and is using them today. I never woulda' thunk it................