Alan, first off I am not a GTE expert by any stretch, but that date is in the range for them. I once had a 7F27 dated block, best I remember, and it actually had something like a February or March 68 assembly date along with some other stampings that was GTE relevant. That block went to a GTE owner who was glad to get it.
So look on the front knorbs at the bottom of the head decks for an assembly date and any other stampings.