We present our first results from 130 ks of X-ray observations obtained with the Advanced CCD Imaging Spectrometer on the Chandra X-ray Observatory. We reach a flux of 2 X 10^(-16) erg s^(-1) cm^(-2) in the 0.5-2 keV soft band and 2 X 10^(-15) erg s^(-1) cm^(-2) in the 2-10 keV hard band. For the optical identification we carried out a survey in VRI with the FORS-1 imaging-spectrometer on the ANTU telescope (UT-1 at VLT) complete to R <= 26. This dataset was complemented with data from the ESO Imaging Survey (EIS) in the UBJK bands and the ESO Wide Field Imager Survey (WFI) in the B band. The positional accuracy of the X-ray detections is of order of 1'' in the central 6'. Optical identifications are found for ~90% of the sources. We obtain the cumulative spectra of the faint and bright X-ray sources in the sample. A power law fit in the range 2-10 keV using the galactic value of N_H ~ 8 x 10^(19) cm^(-2), yields a photon index of Gamma = 1.70+-0.06 and 1.35+-0.10 for the bright and faint sample respectively, showing a flattening of the spectrum at lower fluxes. We discuss the LogN-LogS relationship and the discrete source contribution to the integrated X-ray sky flux. In the soft band, the sources now detected at fluxes below 10^(-15) erg s^(-1) cm^(-2) contribute (4.0 +- 0.3) X 10^(-12) erg cm^(-2)s^(-1) deg^(-2) to the total XRB. The flux resolved in the hard band down to the flux limit of 2 X 10^(-15) erg s^(-1) cm^(-2) now contributes a total of 1.6 X 10^(-11) erg cm^(-2) s^(-1) deg^(-2) which amounts to a fraction of 60-80% of the total measured background. This result confirms that the XRB is due to the integrated contribution of discrete sources, but shows that there is still a relevant fraction (at least 20%) of the hard XRB to be resolved at fluxes below 10^(-15) erg s^(-1) cm^(-2). (ABRIDGED) Comment: 25 pages, 9 figures, ApJ submitted