Indexable spade drill blade

Claim 1

An indexable spade drill having a boring bar with a clamping slot defining opposite surfaces, a pin rising from one surface into the slot, a blade having a substantially rhomboidal block formation with parallel top and bottom faces, said block having a first pair of adjacent sides defining a first cutting end the junction of which has a first pointed end, said block having a pair of opposite sides defining a second cutting end, the junction of which has a second pointed end, said blade having diametral cutting edges that join the first and second pairs of adjacent sides, the blade clamped in said clamping slot that supports the blade axially and laterally, one of the faces of the blade having a groove extending in the direction parallel to at least one side, a central bore extending between the two faces of said blade, said groove being located to intersect the bore, a clamping bolt extending across the slot to clamp the blade, said pin engaging a portion of said groove whereby when the blade is rotated a half a revolution in its plane to present an opposite pointed end the pin will engage another portion of said groove.