Oltec Matterweaver triggers, creating two 1/1 Gnome artifact creature tokens.
When Ancestral Statue enters the battlefield, it triggers, returning itself from the battlefield to your hand.
Activate Krark-Clan Ironworks by sacrificing the Gnomes, adding CCCC.
Repeat.
This loop turns a simple self-bouncing automaton into an engine of pure transmutation, powered by the alchemical might of Krark-Clan Ironworks. As you repeatedly cast Ancestral Statue, Oltec Matterweaver springs into action upon each creature spell, creating Gnomes that are immediately doubled by Adrix and Nev, Twincasters. You then sacrifice those newly minted Gnomes to Krark-Clan Ironworks to generate the exact mana needed to pay for the Statue's next casting, while the Statue's own entry trigger bounces itself safely back to your hand to keep the cycle going.