Don't do it for sure. Even if it wouldn't blow up the contender (and I think it would)since it's chambered of a 3" shell the long jump to the lands would make accuarcy a relative term.
When I use mine as a 45 Colt, with the same loads that are super in my Ruger, the results are more a pattern than a group.
If you must shoot slugs through it try the 410 slug. It's about as accutrate and powerful as a 45 Colt in mine.