The Hemlo North, Valley Lake and Valley Lake North properties comprise 16 claims.
Quinto Real Capital president and CEO Michael Curtis said: "The historical data we obtained indicates that these properties have good gold and zinc exploration potential."
"We plan to conduct exploration on all six of our properties in the Schreiber-Hemlo camp over the coming months to better assess their potential."
As per the deal, Quinto Real will issue 400,000 Class A common shares to the vendors, subject to a hold period of four months and one day.
The deal also includes a 2% royalty on the net smelter revenue from minerals and metals mined on the properties.
Quinto Real has an option to buy back half of the 2% royalty for $1,000,000 in cash.
