Not one of the largest nations competing in the Summer Olympics, South Korea had collected the fifth-most gold medals as of 9 p.m. on Friday.

South Korea's total medal haul (12 gold, seven silver and six bronze) has satisfied Lee Ki Heung, the nation's chef de mission in London.

"Our original target in participating in the London Games was to get more than 10 gold medals and within 10th place in the rankings," Lee said at a news conference on Friday. "Not only has our team exceeded our original goal, we also believe that this may be the games that we will have the most gold medals."