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The existing bolt could be replaced (save the original) with a bolt modified for the 404 Jeffery case and then shoot standard rimless instead of the rebated rimmed 11.2x72 ammo. I think that's why Ian created the 440 McFarlan. Then run the 404 case through a 11.2x72 resize die and fire form.

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Got it in one jgrabow!
No Buckstixs, I was only relaying a note I read on Page 78 below - it refers to the .425WR, but in this case if the 11.2 can be made from the same basic .404 case, then it is a viable option to keep your rifle going
http://nitroexpress.info/ezine/NickuduFiles/93x64files/BigBoreRiflesJackLott.pdf