The 1970 & 1971 engines used in 1970 or 1971 model cars respectively should have the "P" stamped in for Premium fuel. Since yours has the "R" for Regular fuel it would have been a low compression 340.
The 1972 model year started in August of 1971, so a lot of 1972 cars will have engines cast in 1971.
You can decode the whole number and it will tell you the day your engines final assembly was. Look at the last two groups of four numbers each below the drivers side head surface, one set is from the 10,000 day calendar and the other 4 would tell you what engine it was assembled at that plant that day. As an example, 0146 as the last four digits would be the 146th engine assembled that day.
T/Ake care,
Barry