GMC Repair: High Oil Pressure, filter magnet, gmc sierra

Question
Vehicle: 1997 GMC Sierra 1500 with the 5.0L 305 V-8 (supposed a Camaro engine bored out for more torque to be a cheap truck engine).

This vehicle has been in the family for years...

Pressure is generally at 40-50.  For the past months despite an oil change, higher quality filter & filter magnet, pressure reads at 60 far too long after start-up...  I'm scared.

Answer
Hi
I would not worry about 10 psi, UNLESS there are other symptoms (knocking, tapping, oil leaks etc...) It MAY be a gauge issue.
I would have the pressure tested and make sure it is actually running at what the gauge is saying.
That would be my advice to start.