Despite being adrift at the bottom and 17 points from safety, Wolves are still fighting and will still have a say in how this Premier League season finishes.
With an hour gone it was a very different scenario as Arsenal led 2-0 and looked on course to see out a comfortable victory.
But that is when Wolves relaxed and began to play, Hugo Bueno scoring the goal of the game with a cracking effort.
Tom Edozie's dream leveller - a first appearance in senior football marked by a first goal even if Riccardo Calafiori played his part - epitomised Wolves' spirit.
That is all they potentially had left - and had to find - under Rob Edwards, with the salvage operation already bleak when he replaced Vitor Pereira in November.
They sensed an Arsenal collapse and scrapped their way to a point - something that was denied them at Emirates Stadium back in December when Yerson Mosquera's 90th-minute own goal gave the Gunners a 2-1 success.
This point will matter to boss Edwards, the players and the Molineux faithful. It has been a fractured place for a long time during the first half of an unhappy season.
Unity has returned recently and refusing to give up against the leaders with a gutsy display will hearten Wolves as they prepare for life in the Championship and build for a Premier League return at the first attempt.