Will this be a good enough setup to hunt 300 yards?

Remington 700 ADL 7mm Remington Mag Bolt-Action
Leupold VX-2 3-9x40 CDS Duplex

What load and scope mounts would you use for deer at this distance? This shouldn't cost over $800.
It's not what you got, it's what you give-Tesla

Don't go ridin' on that long black train ;\)