In the weeks and months following, the Peruvian ship harrassed Chilean shipping, attacked, and re-entered the port of Iquique, engaging the Magallanes and retreating back to the port of Arica. It captured the Chilean convoy ship Rimac which carried 300 men, horses and supplies.
The continuing blockade of Iquique became impossible. The Chilean navy brought its ships back to Valparaiso for repair and refitting. The Huáscar continued to shell Chilean-occupied ports, the navy and made things very difficult for the Chilean armed forces.
In October, the Chilean navy was on the hunt for the monitor. Part of its ships stayed near Antofagasta to trap the Huáscar there, part of it set up a naval barrier at sea.
On October 8, the Huáscar met the Chilean ships Blanco, Cochrane, O'Higgins and the troop transport ship Loa off Punta Angamos. Surrounded by Chilean ships, the Peruvian ship opened fire.
Returning salvos severely damaged the Huáscar. One destroyed the bridge, killing Captain Grau and others instantly. Shortly after, the Huáscar lowered the flag, but somehow fighting continued for another hour until the monitor, now badly damaged, surrendered again.
The Peruvian officer now in command of the Huáscar ordered it to be sunk to avoid capture, but the Chilean forces prevented that. They boarded, making sufficient repairs to keep it afloat and escort it to the port of Mejillones, where further repairs allowed it to sail to Valparaiso for extensive repair and refitting.
The Chilean forces honored their fallen enemy, particularly Captain Grau, with full ceremony.
With Huáscar now in Chilean hands, Peruvian naval forces were all but annihilated.
Though the Battle of Iquique and the following naval battles of Punta Gruesa and Punta Angamos effected the outcome of the War of the Pacific, the fighting continued until 1884 at sea and on land. The Huáscar, now flying the Chilean flag, was largely instrumental in the remaining naval battles.
Peru and Bolivia lost and ceded to Chile what is now the provinces of Tarapacá, Tacna, Arica, and Antofagasta
On May 21, 1886, the Monumento a los Héroes de Iquique y a las Glorias de la Marina was erected in Valparaiso, the navy's home port. The remains of Arturo Prat Chacón, Ignacio Serrano Montaner and Juan de Dios Aldea Fonseca were interred there in full military ceremonies. This monument is the site of annual ceremonies to celebrate the Glorias Navales, in which Chile won dominion of the seas.
Arturo Prat Chacón is revered as Chile's greatest military hero, and the house where he was born is a national monument. The Huáscar continued on active duty until the early 1900's. After a complete restoration, it is now on permanent, honored display as the reliquary of the Glorias Navales.
