Piedmont Lithium Ltd (ASX:PLL) has had AustralianSuper Pty Ltd increase its stake in the company to 7.77% from 6.66%.
AustralianSuper is a superannuation manager with more than 2.2 million members and more than $120 billion in assets under management.
It is the largest industry super fund in Australia and one of the largest funds of its type in the world.
READ: Piedmont Lithium receives more drill results, maiden resource on schedule
Piedmont recently received a further 41 holes from drilling at its 100% owned Piedmont Lithium Project in North Carolina, US.
As in previous assays, high-grade lithium mineralisation was encountered, with 40 of 41 holes showing high-grade mineralisation.
Highlights include 8.3 metres at 1.66% lithium oxide and 10.9 metres at 1.05% lithium oxide from the same hole.
Maiden JORC resource this quarter
Piedmont remains on schedule to release a maiden JORC resource estimate by the end of the June quarter of 2018.