Wow that PSU is really old. I had one for a Pentium IV build but it still works after 12 years. The R7 260x requires 18 amps on the +12v rail, and that PSU has 25 amps between 15 amps on +12V1 and 10 amps on +12V2. Cutting it rather close considering the CPU shares use of the +12v rail(s).