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Hi Matthew and welcome. Savage knows their product. If they advertise this model as capable of 5.56 then I would tend to believe them as the manufacturer. Cheers, stay safe and enjoy!

Below, link to it on the Savage site. All specs including caliber 5.56×45mm.
https://savagearms.com/firearms/sku/58266

Hi Matthew, yes sir, this is rated for 5.56, as seen on the Savage web site. It will fire both 5.56 and .223 Stay safe & have a great day!

Yes, .223 or 5.56 per the savage website.