CHMN Chester Mining Co (CE)

Chris England, President of Chester Mining Company (�Chester�) (Pink Sheets:CHMN) is pleased to announce that the Chester has signed an agreement to acquire a 50% interest in the Tesorito project from Sterling Mining Company (�Sterling�) (OTC: SLRM). The Tesorito project area encompasses 287.2 acres; is accessible by paved highway; is located near the historic Malagros property in the state of Zacatecas, Mexico and includes the El Tesorito Mine. The main silver vein at El Tesorito Mine is traceable on the surface for 1100 metres (3600 ft). It is 2.5 metre (8.2 feet) wide widening to 5.0 metre (16.4 feet) at a depth of 80 metres (262 feet) as indicated by surface trenches, shafts and limited workings. There are two 800 metre (2520 feet) deep shafts located at either end of the 1100 metre main vein. The mineral inventory, estimated by prior operators, is historical in nature and requires further verification in order for it to be relied upon. Mr. England stated, �The Tesorito project represents an excellent exploration opportunity especially in view of the fact that the property has not been explored using modern methods. Initially, we intend to conduct a program of diamond drilling, mapping and sampling to identify additional exploration targets and better define the current resource.� Chester Mining acquired its 50% interest in the project for US $1.2 million, which has been paid through the issuance of 600,000 restricted shares of Chester Mining Company common stock to Sterling. About Chester Mining Company. Chester Mining Company, founded in 1900, is a unique silver royalty and exploration company whose primary asset is the Chester property which has been leased to Sterling Mining Company (OTCBB: SRLM) as part of that Company�s Sunshine Mine property. Chester Mining Company has approximately 2.9 million shares outstanding, positive working capital and no debt. For further information visit the Company�s website at www.chestermining.com or contact: