Yes, just tried this, and my little exe ran on a Windows 10 64 bit machine just fine.

Which means I just built a demo of a tiny 16 bit windows GUI applet, using emulated VB in Win 3.1 in a browser and got it to run on modern Windows in a shorter amount of time than it would have likely taken me to get the same type of demo up and running natively in Windows 10 today.