Yes, it's possible. Papagene (on this forum) pretty routinely processes found film in that approximate age range. Alan Gage (don't know if he's on here or what his user name is) also does so, and I've done it a few times (20-30 year old film, in my case).
That Verichrome is easy, though -- you can develop by inspection with a RED (not amber or green) safelight, since it's orthochromatic. The later version, Verichrome Pan, was similar in response to modern films like Plus-X and Tri-X, but if it doesn't say "Pan" on the label, it's the ortho version.
I'd strongly recommend either adding some antifog agent or using a low-fog developer such as HC-110, though others will say Diafine is best. The only times I've used Diafine on old films, I got nothing I could scan or print -- but it might well have been the film that was at fault (badly fogged by light or heat) rather than the process.