I wanted to put a sling on my Winchester 94, but this being an earlier gun, I didn't want to drill any holes. I looked up some leather slipover type slings, they're a bit pricey, and money is a bit tight right now so I needed to come up with something else.
Last week my wife and I visited a thrift store and I found a red thick fleece scarf that I was going to use to keep myself warm, but then I came up with an idea.
I cut off small sections, and made a loop for the front barrel band area, which I sewed together with black yard, then I made a loop in the back with a strap sewed to the back to keep it from sliding forward, all of this was stitched and double stitched to give it strength.
Then I took what was left, and folded it over four times, and stitched it the entire length. This gave it padding and thickness. I then pulled the sling through the front and rear loops and sewed it in place. It doesn't have a great deal of adjustment but it's strong, I pulled on it as hard as I could, and it's not so much as stretching. Since I wear blaze orange the color isn't that big of a deal as far as camouflage goes. The grand total for the cost? The amount of money it cost in gas to get the scarf and the other clothes we got that day and the time and yarn I had on hand.

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Vaya con Dios

Reading your description; I was thinking “what the heck”, but seeing your pictures; it looks good, sorta period correct for that nice old rifle. I would make sure it doesn’t get wet though, or at least remove to dry if it does

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I know Bass Pro has slings for guns without studs or sling swivels. Top fits around barrel and bottom slips on stock and tightens around the pistol grip. Got one on my Rem Model Four. Nothing too fancy but it works. Cheap too.