The two teams, who last met in the memorable 4-4 draw at Swansea back in the top flight in April, 2012, have met twice before in the competition, both also in the Third Round, albeit a very long time ago.
Wolves won 4-0 away from home in January, 1938, goals coming courtesy of a Dennis Westcott hat trick and Bryn Jones.
And there were also plenty of goals in January, 1957, when Wolves won 5-3 at Molineux. Goals on that occasion came from Joseph Bonson (2), Peter Broadbent, Ron Flowers and Jimmy Mullen.
The tie will be played on a date between January 5-8.
Ticket details will be announced when confirmed.