As Adam Rivers pointed out, the translator is currently scheduled to relay WMRQ.
From it's current location it can NOT relay WWRX or WBMW, as it is well outside the contours of said stations.
Unless Red Wolf sells it to a non-interest party (someone not affiliated with RW), it can only act as a "fill in" translator where the signal does not
extend beyond the contour of the primary station.
Now with that said, there is nothing that says it can't be moved to a different location closer to New London and provide fill in service there, nor that it can't be used to relay a WMRQ-HD2, playing a different format.