Since most of these older engines have flat tappet cams, the amount of Zinc in your oil is probably more significant than synthetic vs. dino oil. However, I switched to synthetic when I installed a new crate engine, since I don't drive my truck a lot and wanted to extend the oil change intervals.
I have found that Mobil 1 15w50 oil has the high Zinc I want (1300 ppm), and its available at a reasonable price from most parts stores. Many guys run variations of racing oil and diesel engine oil to get high Zinc, but Mobil 1 is frequently on sale, and I can find it easily. Mobil also has a 5W40 diesel truck oil with 1300 ZDDP, if you think you need lighter weight.
I have no affiliation with Mobil, I just happen to buy the product.
Bruce