that 10 year old binary should run, unless it links against a library that no longer exists.

for example here is a 20 year old binary of the game mirrormagic that runs just fine on my modern fedora machine:

    ~/Downloads/mirrormagic-2.0.2> ldd mirrormagic
        linux-gate.so.1 (0xf7f38000)
        libX11.so.6 => /lib/libX11.so.6 (0xf7db5000)
        libm.so.6 => /lib/libm.so.6 (0xf7cd0000)
        libc.so.6 => /lib/libc.so.6 (0xf7ad5000)
        libxcb.so.1 => /lib/libxcb.so.1 (0xf7aa9000)
        /lib/ld-linux.so.2 (0xf7f3b000)
        libXau.so.6 => /lib/libXau.so.6 (0xf7aa4000)
    ~/Downloads/mirrormagic-2.0.2> ls -la mirrormagic
    -rwxr-xr-x. 1 em-bee em-bee 203633 Jun  7  2003 mirrormagic

ok, there are some issues: the sound is not working, and the resolution does not scale. but there are no issues with linked libraries.